Sega Partnering With Nintendo
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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