SEGA Announces Initiative to Release New Titles From Its Treasure Trove of IP

SEGA Announces Initiative to Release New Titles From Its Treasure Trove of IP
By Solo Wing

Starting with Jet Set Radio, Crazy Taxi, Golden Axe, Shinobi, and Streets of Rage, SEGA has announced an initiative to create brand new games based on their past IP.

Buisness Wire reports that at the Game Awards 2023, SEGA of America unveiled an initiative to produce brand new titles from the publisher’s treasure trove of beloved intellectual property. New games, reimagined for modern audiences, are in development for the Jet Set Radio, Crazy Taxi, Golden Axe, Shinobi, and Streets of Rage franchises. While a new Panzer Dragoon was not announced, SEGA notes that these titles are “just the start of our initiative”.

Shuji Utsumi, Co-COO of SEGA Corporation and CEO of SEGA of America, confirms the details of the initiative:

In recent years, Sonic the Hedgehog has forged new paths for SEGA, bringing the franchise to life and reaching new audiences in ways we had only dreamed of in the past. Building off that success, we are digging into our legacy and reimagining several franchises to bring these games to more audiences around the globe.

Today’s announcement is just the start of our initiative. First and foremost, our ambition will be to create great games with memorable characters and worlds. We hope fans of all ages will look towards our future with anticipation as we release these projects in the coming years.

SEGA’s website also contains a new subdomain for next era of SEGA games, currently containing the announcement trailer for these new titles and a mailing list where you can sign up for updates.

With the revival of five franchises from the classic SEGA era, this is a huge announcement. Do you think that the chances of a new Panzer Dragoon game have just gotten significantly higher?