Sega Announces Plans

On Tuesday we reported that Sega would cease production of the Dreamcast as of March, and that they would concentrate on software releases. Yesterday evening, the company issued an official press release, stating that "Sega is considering a strategic reform to return the company to profit". The reform will affect worldwide production, sales and distribution of the Dreamcast, effectively halting them. Sales of the consoles will continue until the inventory is exhausted, all as we reported. Nonetheless, fans will not be left in the cold. Sega is "preparing a very solid Dreamcast software line-up with more than 100 titles (including third parties) to be released in the coming year". In other words, if you own a Dreamcast, there will still be plenty to play in the coming year. According to the release, Sega is "negotiating" with regard to the development of titles on other formats, including PlayStation 2 and GameBoy Advance. On Tuesday we quoted figures of five titles for PS2 and two for the GBA. This information wasn't included in the press release. You can read the full press release here.