Sega Sells Amplitude Studios in Restructuring

Amplitude Studios, known for its 'Endless' series and recently acquired by Sega in 2016, has returned to independence through a management buyout amid Sega's ongoing restructuring of its European operations. This decision follows a series of layoffs and the sale of other studios like Relic Entertainment, with Sega reporting a significant loss of approximately ¥5.9 billion ($38.7 million) due to this sale. Amplitude's co-founder expressed enthusiasm about regaining creative control and fostering innovation as an independent studio. The shift is positioned as a positive move for both parties, with Amplitude parting ways with Sega on amicable terms after eight years. Sega is now focusing on regrowth in Europe, particularly with its remaining studios, Creative Assembly and Sports Interactive, following recent operational adjustments. This restructuring reflects broader challenges within Sega's European strategy, aiming to stabilize the business going forward.