Sega is expecting a loss of £54m (¥7.1bn) as it restructures its US and European operations.
Parent company Sega Sammy Holdings has today said it will carry out a ‘structural reform’ of Sega’s consumer business. It said it will ‘streamline’ its US and European video game operations and “create a smaller company positioned for sustained profitability”.
As part of the changes, Sega will reduce the number of games it produces and cut the development of several titles, while focusing more on digital content.
cvuk.com
