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Game-o-rama => General Gaming => Topic started by: DededeCloneChris on March 30, 2012, 02:02:14 PM

Title: Sega's Going Broke
Post by: DededeCloneChris on March 30, 2012, 02:02:14 PM
http://www.siliconera.com/2012/03/30/sega-incur-losses-cancel-games-and-restructure-company/ (http://www.siliconera.com/2012/03/30/sega-incur-losses-cancel-games-and-restructure-company/)

The company has lost a lot of money ($7.1 billion yen) in the fiscal year that it has decided to cancel some unspecified games and create a smaller company with the U.S. and Europe bases.
Title: Re: Sega's Going Broke
Post by: Zero on March 30, 2012, 02:04:32 PM
Not surprised.

They've been surviving off of Sonic for a while now.
Title: Re: Sega's Going Broke
Post by: DededeCloneChris on March 30, 2012, 02:07:28 PM
And even then...

http://www.siliconera.com/2012/03/30/kid-icarus-uprising-soars-while-black-panther-2-yakuza-takes-a-beating/ (http://www.siliconera.com/2012/03/30/kid-icarus-uprising-soars-while-black-panther-2-yakuza-takes-a-beating/)

The fact that both games were pretty close on sales in Japan isn't what matters, but it's the fact Sega got a lot of shipped copies unsold.
Title: Re: Sega's Going Broke
Post by: Hero_of_Darkness on March 30, 2012, 02:38:13 PM
Don't you think you're jumping the gun? It's bad, yes, but they're far from dead and they're far from dead. THQ, for example, is in FAR worse shape.

Also, Nintendo's loss for this financial year is going to give you a heart attack, while Sony's is gonna... Man, I don't even want to think about it.
Title: Re: Sega's Going Broke
Post by: Tupin on March 30, 2012, 02:48:19 PM
I doubt they would ever completely go away, they are too much of an institution, even if someone else could probably handle Sonic better.

It's probably good for them that they are cancelling these anyway. At least they realize pushing out a multimillion dollar project at the same time as everyone else is a horrible business decision.
Title: Re: Sega's Going Broke
Post by: Hero_of_Darkness on March 30, 2012, 03:24:23 PM
*imagines Nintendo getting Sonic*

I WANT THIS
Title: Re: Sega's Going Broke
Post by: Flying Chickens on March 30, 2012, 03:29:18 PM
I was under the impression this happened a long time ago; guess I had my facts wrong. Guess they should make more Super Monkey Ball games.
Title: Re: Sega's Going Broke
Post by: zephilicious on March 30, 2012, 03:54:35 PM
Quote from: Hero_of_Darkness on March 30, 2012, 02:38:13 PM
Don't you think you're jumping the gun? It's bad, yes, but they're far from dead and they're far from dead. THQ, for example, is in FAR worse shape.

Also, Nintendo's loss for this financial year is going to give you a heart attack, while Sony's is gonna... Man, I don't even want to think about it.
but nobody cares about THQ
Title: Re: Sega's Going Broke
Post by: Zero on March 30, 2012, 03:57:03 PM
i can't remember a single THQ game
Title: Re: Sega's Going Broke
Post by: Hero_of_Darkness on March 30, 2012, 03:59:15 PM
Quote from: zephilicious on March 30, 2012, 03:54:35 PM
but nobody cares about THQ
Saint's Row says hi. ;-;
Title: Re: Sega's Going Broke
Post by: Tupin on March 30, 2012, 04:49:41 PM
Quote from: Hero_of_Darkness on March 30, 2012, 03:59:15 PM
Saint's Row says hi. ;-;
Volition would find another publisher if THQ went under.
Title: Re: Sega's Going Broke
Post by: DededeCloneChris on March 30, 2012, 05:34:29 PM
Isn't it important that they cancelled some unspecified games?

Uh, I guess nobody knows exactly what games Sega was developing...
Title: Re: Sega's Going Broke
Post by: Hero_of_Darkness on March 30, 2012, 05:38:06 PM
Quote from: NoiseHunterChris on March 30, 2012, 05:34:29 PM
Isn't it important that they cancelled some unspecified games?

Uh, I guess nobody knows exactly what games Sega was developing...
And BINGO was his name... o.
Title: Re: Sega's Going Broke
Post by: Hero_of_Darkness on March 30, 2012, 05:59:24 PM
http://www.reddit.com/r/gaming/comments/rlf43/sega_of_america_is_closing_its_doors/

Holy poop if true
Title: Re: Sega's Going Broke
Post by: DededeCloneChris on March 30, 2012, 06:32:55 PM
Quote from: Hero_of_Darkness on March 30, 2012, 05:59:24 PM
http://www.reddit.com/r/gaming/comments/rlf43/sega_of_america_is_closing_its_doors/

Holy poop if true
I kind of forgot we're in the small April Fools' season.
Title: Re: Sega's Going Broke
Post by: Tupin on March 30, 2012, 07:20:52 PM
Doubt it is true, but it was disagreements between Sega of America and Sega of Japan that basically ruined the company in the first place.

Title: Re: Sega's Going Broke
Post by: Hero_of_Darkness on March 30, 2012, 08:45:30 PM
Quote from: NoiseHunterChris on March 30, 2012, 06:32:55 PM
I kind of forgot we're in the small April Fools' season.
While that's true, it was posted on NeoGAF, and someone there said they heard that Sega's entire QA department was sacked. This guy is a former journalist and has contacts within the industry; he's been right about stuff before, including nailing Nintendo's big announcements at the September 3DS conference last year. Think about this; he leaked Nintendo information. If that doesn't make him credible, then nothing does.
Title: Re: Sega's Going Broke
Post by: DededeCloneChris on March 30, 2012, 09:41:58 PM
Quote from: Hero_of_Darkness on March 30, 2012, 08:45:30 PM
While that's true, it was posted on NeoGAF, and someone there said they heard that Sega's entire QA department was sacked. This guy is a former journalist and has contacts within the industry; he's been right about stuff before, including nailing Nintendo's big announcements at the September 3DS conference last year. Think about this; he leaked Nintendo information. If that doesn't make him credible, then nothing does.
Well, if that's the case...

...

Mario doesn't have a rival anymore! WE'VE WON, SOLDIERS.
Title: Re: Sega's Going Broke
Post by: Flying Chickens on March 30, 2012, 10:23:28 PM
Quote from: NoiseHunterChris on March 30, 2012, 09:41:58 PM
Well, if that's the case...

...

Mario doesn't have a rival anymore! WE'VE WON, SOLDIERS.
Well. Now who the intercourse  will Mario compete with at the Olympic Games...
Title: Re: Sega's Going Broke
Post by: Hero_of_Darkness on March 30, 2012, 11:45:33 PM
Sega of Japan should still be fine.

By the way, this really supports my point about the graphics race slowly killing the industry, doesn't it?

EDIT: Sega of America isn't closing, but there are layoffs. Also, to be clear, any announced game that isn't Sonic, Football Manager, Total War, or Aliens has been cancelled.
Title: Re: Sega's Going Broke
Post by: Neerb on March 31, 2012, 06:25:52 AM
Quote from: Hero_of_Darkness on March 30, 2012, 11:45:33 PM
Sega of Japan should still be fine.

By the way, this really supports my point about the graphics race slowly killing the industry, doesn't it?

EDIT: Sega of America isn't closing, but there are layoffs. Also, to be clear, any announced game that isn't Sonic, Football Manager, Total War, or Aliens has been cancelled.

I wouldn't say "any" game; they did simultaneously acquire the name "Valkyria Duel" for something.
Title: Re: Sega's Going Broke
Post by: Hero_of_Darkness on March 31, 2012, 08:52:40 AM
Quote from: The True Nicolas Cage on March 31, 2012, 06:25:52 AM
I wouldn't say "any" game; they did simultaneously acquire the name "Valkyria Duel" for something.
Here's what IGN said:

QuoteOur sources have revealed that any currently announced game that isn't included on that list [Sonic, Football Manager, Total War, and Aliens] will not be published by SEGA, leaving a decent amount of the publisher's upcoming publishing roster in jeopardy.

It's pretty clear. I guess there might be exceptions IGN's source didn't know about, though.
Title: Re: Sega's Going Broke
Post by: Hero_of_Darkness on March 31, 2012, 02:05:13 PM
Rumor is that one of the cancelled games was a JSR reboot for Wii U. This is from that guy I said I trust.
Title: Re: Sega's Going Broke
Post by: Zero on March 31, 2012, 06:11:00 PM
-dies on the inside-
Title: Re: Sega's Going Broke
Post by: Doodle on March 31, 2012, 06:12:36 PM
Quote from: NoiseHunterChris on March 30, 2012, 09:41:58 PM
Well, if that's the case...

...

Mario doesn't have a rival anymore! WE'VE WON, SOLDIERS.
You know, now that I think about it, Sonic hasn't really been a worthwhile rival since the 90's. Pretty much just the Genesis days
Sonic Adventure and onwards were pretty much garbage compared to any Mario game to come out in that time. And now that Sonic's actually good again, he pretty much just coincides with Mario anyway
Title: Re: Sega's Going Broke
Post by: Zero on March 31, 2012, 06:23:54 PM
Well, yeah.

In the 90's the Nintendo kids had won after a real Sonic game never came out on the Saturn. Every Sega kid held out on buying a Saturn for a darn Sonic game that they never even got, so they just bought a Playstation.

Sega has had some of the crappiest business decisions in the industry. Let's discuss them.

1. Genesis add-on extravaganza.
2. Surprise launch of Saturn, pissing of developers and publishers alike.
3. Lack of true 1st-party support of the Saturn.
4. Sega was unable to fulfill demand for the Dreamcast(around 500000+ units sold in the first two weeks)

Am I missing anything? I'm pretty sure I am.
Title: Re: Sega's Going Broke
Post by: Tupin on March 31, 2012, 06:40:29 PM
There was going to be a real Sonic game on the Saturn, but it was developed in the USA without Sega of Japan's help. When they came to check up on it, they hated it and told them to work on a version that was a lot less far along then the one they showed. It was going to use the NiGHTS engine...

Not making the Dreamcast powerful enough to be seen as anything other than an oddball between the PS1/N64/Saturn generation and "next gen" really hurt it. If the Dreamcast had some how made it past 2001, it would have been very hard to get developers to create games for it.

They really, really, really, should have held off for a little longer so that it could play DVDs, and released the MP3 player/Zip drive they planned. That's why the PS2 beat it.

Title: Re: Sega's Going Broke
Post by: deragoku on April 24, 2012, 08:18:18 PM
Think I have my facts wrong. I guess they should allow more Super Monkey Ball game.
Title: Re: Sega's Going Broke
Post by: Viewtifulboy on October 14, 2013, 03:37:27 AM
Considering Sega has been consumed by its own greed, I'm going to say it's getting out of here, and thank goodness for that.