Sega sells off Visual Concepts

By Derek Sooman on January 25, 2005, 1:55 PM
Its been anticipated for some time that Sega was planning to sell off its internal sports studio, Visual Concepts, after it entered into an agreement with Take-Two Interactive to work on a range of ESPN sports games last year. Now, the move has been confirmed.

"The ESPN Videogames line has not been a key profit driver in the North American market for Sega. While Sega recognizes the strength and depth of the ESPN Videogames franchise, we must remain committed to growing content that will help boost revenues across all western territories." - Naoya Tsurumi, CEO of Sega of America.

It looks like Take-Two will become the sole owner of Visual Concepts, and also own VC's Kush Games subsidiary as well.

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