Sonic’s parent company is seeing major trouble, it seems. Sega announced that it will most likely be posting a loss of 7.1 billion yen ($86.4 million) for when the fiscal year ends on March 31. As a result, the company will be cancelling some titles and going through layoffs.
“Due to the challenging economic climate and significant changes within the interactive gaming industry, Sega has made the decision to consolidate its publishing business in order to focus on developing digital content and driving its existing intellectual property such as Sonic the Hedgehog, Total War, Football Manager and the Aliens franchise,” said Sega. It can be assumed that those franchises are safe, though exactly which games are being cancelled, and which positions will be eliminated, are unknown at this time.
This is rather unfortunate to hear. I thought Sega was doing fairly well for themselves, with a revitalized Sonic and their Olympic series.