Advertisement
YOU ARE HERE: LAT HomeCollectionsSega Corp
IN THE NEWS

Sega Corp

FEATURED ARTICLES
BUSINESS
November 30, 2000
* Shares of Sega Corp., the maker of Dreamcast video game consoles, rose as much as 19% after the company said it agreed to develop games for Motorola Inc.'s advanced phone sets. Sega said it would develop games for Motorola's "multiple communication" phones with computer-like capabilities such as loading games and other applications to the handsets.
ARTICLES BY DATE
BUSINESS
March 1, 2003 | From Reuters
Japanese video game publisher Sega Corp. said it would cut 20% of its staff, or about 90 jobs, at its U.S. headquarters in San Francisco as it reorganizes its North American operations ahead of a planned merger. Sega, which is in the process of combining with Japan's Sammy Corp., said it would organize its North American operations into three units under the umbrella of Sega Holdings.
Advertisement
BUSINESS
March 1, 2003 | From Reuters
Japanese video game publisher Sega Corp. said it would cut 20% of its staff, or about 90 jobs, at its U.S. headquarters in San Francisco as it reorganizes its North American operations ahead of a planned merger. Sega, which is in the process of combining with Japan's Sammy Corp., said it would organize its North American operations into three units under the umbrella of Sega Holdings.
BUSINESS
April 13, 2001 | Bloomberg News
Sega Corp. wants to boost its percentage of U.S. video-game software sales to the "mid-teens" by the fiscal year ending March 2003, almost tripling its 2000 share, said Peter Moore, president of Sega's U.S. unit. "What they are saying is that they can match Electronic Arts," the No. 1 independent game-software maker, said Miguel Iribarren, an analyst with Wedbush Morgan Securities. "That's a bit ambitious given the time frame."
BUSINESS
April 13, 2001 | Bloomberg News
Sega Corp. wants to boost its percentage of U.S. video-game software sales to the "mid-teens" by the fiscal year ending March 2003, almost tripling its 2000 share, said Peter Moore, president of Sega's U.S. unit. "What they are saying is that they can match Electronic Arts," the No. 1 independent game-software maker, said Miguel Iribarren, an analyst with Wedbush Morgan Securities. "That's a bit ambitious given the time frame."
BUSINESS
January 24, 2001 | ALEX PHAM, TIMES STAFF WRITER
A besieged Sega Corp. fended off rumors Tuesday that it would cease to manufacture its Dreamcast video game console and start making games for rivals. "We totally, utterly confirm our commitment to the Dreamcast technology and platform," said Charles Bellfield, director of marketing for Sega of America Inc. in San Francisco, the U.S. arm of Sega Enterprises of Japan.
BUSINESS
May 9, 2003 | From Bloomberg News
Shares of Sega Corp., Japan's biggest maker of arcade video-game machines, fell as much as 9% on the Tokyo stock market today after rival game maker Namco Ltd. and Sammy Corp. scrapped proposals to merge with the creator of Sonic the Hedgehog. Sega and Sammy, a maker of pachinko slot machines, ended talks after executives failed to agree on merger terms or a name for the new company, Sammy President Hajime Satomi said.
NEWS
October 25, 2001 | Alex Pham
Sega Corp. will begin charging $9.95 a month beginning Nov. 1 for access to SegaNet, its online gaming service for players of Dreamcast, Sega's discontinued video game console. Launched last year as a $100-million bet on online games, SegaNet initially charged players $21.95 a month for dial-up Internet service as well as access to its online game site. The company discontinued that two months ago and let players access SegaNet games for free as long as they have their own Internet connection.
BUSINESS
March 7, 2003 | Alex Pham
In a critical boost for Nintendo Co.'s GameCube console, Electronic Arts Inc. said it plans to develop 20 games for the platform over the next two years. Sales of the GameCube have lagged behind rival consoles, including the Xbox made by Microsoft Corp. and the PlayStation 2 from Sony Corp. Launched in November 2001, Nintendo has sold 3.7 million GameCubes in North America versus Sony's 17 million PS2s and Microsoft's 5.4 million Xboxes. EA games are considered key to a platform's survival.
BUSINESS
August 20, 2003 | Alex Pham
Mobile phone maker Nokia said it would buy the San Francisco-based online division of Sega Corp. Terms of the sale were not released. Nokia has been recruiting developers to make games for N-Gage, a combination cell phone, game console and digital music player that the company plans to launch this fall. As part of the Sega deal, the Tokyo-based game developer would publish titles for N-Gage.
BUSINESS
January 24, 2001 | ALEX PHAM, TIMES STAFF WRITER
A besieged Sega Corp. fended off rumors Tuesday that it would cease to manufacture its Dreamcast video game console and start making games for rivals. "We totally, utterly confirm our commitment to the Dreamcast technology and platform," said Charles Bellfield, director of marketing for Sega of America Inc. in San Francisco, the U.S. arm of Sega Enterprises of Japan.
BUSINESS
November 30, 2000
* Shares of Sega Corp., the maker of Dreamcast video game consoles, rose as much as 19% after the company said it agreed to develop games for Motorola Inc.'s advanced phone sets. Sega said it would develop games for Motorola's "multiple communication" phones with computer-like capabilities such as loading games and other applications to the handsets.
BUSINESS
December 4, 2002 | Alex Pham
Sega Corp. launched an online service for game developers that would compete with GameSpy Industries in Irvine. The Sega service provides developers with Web hosting, player matching and billing capabilities. As consoles acquire the ability to connect to the Internet, developers increasingly are building into their games online features such as finding opponents, competing in tournaments and downloading content.
Los Angeles Times Articles
|