Quote:Variety reports that SEGA is moving forward with live-action and animated adaptations based on their games. The company has hired Evan Cholfin as head of development and production at Tokyo-based Stories International, a joint venture of SEGA and advertising agency Hakuhodo DY Group that was launched to produce films, TV shows and entertainment for digital platforms.

Stories International is moving forward with Altered Beast, Streets of Rage, Shinobi, Rise of Nightmares, and Crazy Taxi first as English-language live-action and animated projects. Virtua Fighter and Golden Axe are also properties that could be adapted.

It is unclear which project will become a feature film, a TV show or a digital series at this time.

The trade adds that SEGA has also completed a minority investment in All Nippon Entertainment Works. The deal with ANEW is expected to help Stories bolster its entertainment efforts in Hollywood by gaining access to 20 Japanese rights holders who own films, TV shows, books, toys and manga titles.