
Cnet-"Sega is in trouble. According to its latest filing in Japan, the company incurred a loss $501 million during its 2008 fiscal year and its video games division lost about $56.3 million. And as the company was quick to point out, something needs to be done on the video game front."
Omar writes: "With the Horizon Festival coming to breathtaking Japan, you’ll need the essential gear to prove you’ve got what it takes to become a Horizon Legend as you cruise, drift and explore an open world full of spectacular driving experiences. That’s why we’re happy to announce the newest Limited Edition Xbox Wireless Controller and Wireless Headset collection, featuring inspired designs from Forza Horizon 6. The bright cyan and lime colorways celebrate the Horizon Festival’s recognition of iconic cars and hit music, with special features that are sure to impress any collector."

New report from Skillsearch found that 22% of those surveyed had been laid off within the past 12 months.

It's a step forward for Stop Killing Games.
Even if they did release a new console it'd be part of the next gen around 2010 which is still a while off and wouldn't help them in the short term.
But if they were to make half decent games and not some crap Sonic game then they might actually make some money.
This guys article is stupid. There is no way SEGA could afford to make another console. The only way they could do it is if they teamed with Microsoft and released a console together. MS has the financial backing and SEGA has the franchises and familiar trusting name that can win Japan. Don't hold your breath for that to happen though.
and its bad for everyone.
Sega is in some serious money troubles, they couldn't afford releasing a new console. They can't even make decent games.
That's a shame. I really love Dreamcast and games it have. I'm keeping it till now, good ol' DC.