Published on June 29th, 2012 | by Cameron Woolsey, Editor-in-Chief1
SEGA to Close Five Publishing Offices
Early next week SEGA will close five publishing offices in Europe and Australia. This move follows the announcement made in late March in which the company predicted a loss of $86 million, as well as reported that SEGA will begin to refocus on digital distribution.
Sega Europe COO Jurgen Post had this to say about the closures: “Sega is entering a new and exciting phase that will position the company as a content led organisation maximising sales with strong and balanced IP such as Sonic the Hedgehog, Total War, Football Manager and the Aliens franchise”
The company will benefit from a clear focus and realigned strategy for our digital business and packaged goods and we are confident that this will lead to a successful future.”
SEGA will continue to change over the coming months, but hopefully it can pull out of this current funk. More on SEGA’s situation as it develops.