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| Sega's Dreamcast still standing -- for now
(IDG) -- When responding to rumors that could potentially kill its business, a company normally not only squashes speculation, but also offers hope in the form of previously unreleased information. That's exactly what Sega of Japan did when Famitsu's online division Famitsu.com asked Sega if it was really abandoning the Dreamcast system to become third-party developers. Famitsu is the publisher of the leading weekly gaming magazine in Japan. The following is Sega of Japan's official response:
Today, some news organizations made reports on the future of our Dreamcast business that, since we are still carrying on an internal debate about the issue at the moment, were not based on any official company announcement. To restore our lost revenue in the next fiscal year, we are currently discussing our 'new management policies,' which were announced on October 27, 2000. The policy is to reform our business structure with a focus on our content and amusement enterprises, which have the strongest profit-earning capacity for us at this time. Concerning Dreamcast's hardware, we have plans for a structural reorganization in its production, distribution, and circulation systems. We fully intend to continue our DC business and are prepared to let the software titles take the lead; we have about 100 titles (including third-party ones) in the pipe for Dreamcast from this April to March 2002. We are currently in negotiations with Sony and Nintendo to provide our game titles to PlayStation 2 and Game Boy Advance. As for the DC platform strategy, we have been actively working on promoting Dreamcast's architecture for use in PCs and consumer electric appliances, including STBs (Set-Top Boxes). In addition to this response, Sega restated the many titles that are planned and revealed previously unannounced titles including House of the Dead 3, Get Bass 2, Dynamic Golf, a sequel to Space Channel 5, Virtua Tennis 2, and Victory Goal 2001. RELATED STORIES: Sega downplays rumor of Dreamcast demise RELATED IDG.net STORIES: Sega says it is fully committed to Dreamcast RELATED SITES: Famitsu.com | ||||||||||||||||||||||||||||||||||||||||||||||||
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