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Sega Partnering With Nintendo

by Steve Gibson, Oct 29, 2000 8:26am PST
Related Topics – Sega, Nintendo, Games: PC

Ok, superfreaky console news of the day. According to a Japanese newspaper, Nintendo and Sega are teaming up to form a joint company. This seems to be a follow-up to that earlier story about Sega getting into the business of putting out games for other console systems.

The story at Asahi first describes Sega's recently announced losses, stating that Sega revealed to investors in September that its results for the half-year ending September 30th would be less than expected. And that's what happened, with the company announcing a loss of 29.2 billion yen today, down from an expected profit of 600 million yen. Poor Dreamcast performance was stated as the cause for the loss.


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