Yes, Sega showcased a revival of several classic games at The Game Awards, including new entries in the Crazy Taxi, Shinobi, Golden Axe, Streets of Rage, and Jet Set Radio franchises. The company also confirmed that Virtua Fighter is getting a new game, and it showed a brief teaser for a new Rage Racer title. This marks one of the most aggressive classic-IP revivals in recent gaming history, with Sega leaning heavily on its back catalog to compete in the modern market.
What Was Announced at The Game Awards
During the December 2023 Game Awards presentation, Sega aired a montage-style trailer that opened with a modernized Crazy Taxi and quickly cut through Shinobi, Golden Axe, and Streets of Rage before closing on Jet Set Radio. Each logo was accompanied by a short gameplay-style snippet, though none of the segments showed actual in-engine footage. The trailer was less than two minutes long and ended with a simple “coming soon” slate, which has led to considerable speculation about platforms and release windows. Sega later confirmed via its own channels that these are full new games, not remasters or remakes, and that they are being developed by multiple internal and external studios.
Why Sega Is Reviving These Franchises
Sega’s move is part of a broader strategy to monetize its extensive library of 1990s and early-2000s IP. The company has seen strong sales from remasters like Persona ports and the Sonic franchise, but it has largely ignored its arcade and console classics. The revival is a response to both fan demand and the success of competitor nostalgia plays, such as Capcom’s Mega Man collections and Square Enix’s Final Fantasy remakes. Sega has also stated in investor materials that it wants to create “super games” and expand its IP portfolio beyond Sonic, and these classic titles are a low-risk way to test new concepts with built-in audiences.
List of Confirmed Games and What to Expect
- Crazy Taxi – A reboot of the arcade driving game, likely with open-world elements and online multiplayer. No release date has been announced.
- Shinobi – A new action-adventure game in the ninja franchise, moving from 2D to a 3D perspective. It is being developed by a studio known for action titles.
- Golden Axe – A return to the fantasy beat-’em-up series, with a more modern combat system and co-op play.
- Streets of Rage – A new entry in the side-scrolling brawler series, following the successful Streets of Rage 4 (2020). The trailer suggests a 3D presentation, which would be a departure.
- Jet Set Radio – A revival of the cel-shaded skating game, possibly with a larger open world and online features.
- Virtua Fighter – A new fighting game, though no details were shown beyond a logo.
- Rage Racer – A new entry in the futuristic racing series, which has been dormant since 2002.
How the Revival Compares to Past Sega Efforts
Sega has attempted revivals before, with mixed results. The Sonic the Hedgehog series has seen consistent new releases, and Yakuza (now Like a Dragon) has become a major franchise. However, other attempts like Nights: Journey of Dreams (2007) and Altered Beast (2005) failed to recapture their original audiences. The key difference now is that Sega is targeting multiple franchises simultaneously, which suggests a coordinated effort rather than a one-off experiment. The company has also partnered with experienced studios: for example, Streets of Rage 4 was developed by Lizardcube and Guard Crush, and Sega has not confirmed whether those studios are involved in the new entry.
Potential Risks and Challenges
Reviving classic games is not without risk. Many of these franchises have been dormant for over a decade, and their original fanbases are older. Younger players may not have the same nostalgia, so the games need to stand on their own merits. Additionally, some of these titles were arcade-based and relied on simple mechanics; translating them to modern consoles requires careful design. For example, Crazy Taxi was known for its fast-paced driving and licensed music, but the music rights have expired, so the new game will need a new soundtrack. Sega has not addressed how it will handle these issues, but the success of Sonic Mania (2017) shows that a well-executed revival can appeal to both old and new fans.
What Fans Should Know Before Getting Excited
While the announcements are exciting, none of the games have release dates, and some are likely years away. Sega has not confirmed which platforms the games will appear on, though it is reasonable to expect PlayStation, Xbox, Switch, and PC, given Sega’s recent multiplatform approach. The company has also not announced whether the games will be full-priced retail releases or smaller digital titles. Given the scope of the projects, it is likely that at least some will be premium releases. Fans should also be aware that the teaser trailer was pre-rendered and may not reflect final gameplay. Sega has a history of showing ambitious trailers that change significantly by release, so expectations should be tempered until actual gameplay is shown.
Frequently Asked Questions
Will the new games be remakes or remasters?
According to Sega, they are new games, not remakes or remasters. That means they will feature new storylines, mechanics, and graphics, while presumably retaining the core identity of the original titles. For example, Crazy Taxi will still be about picking up passengers and driving recklessly, but the world and physics will be modernized.
Which platforms will these games be on?
Sega has not officially confirmed platforms, but given its recent pattern of releasing games on PlayStation, Xbox, Switch, and PC, it is highly likely that all these titles will be multiplatform. Some may also appear on future hardware, but nothing has been announced.
When will they be released?
No release dates were given. The teaser trailer was a sizzle reel, and Sega has said that development is in various stages. It is possible that some games will be released as early as 2025, but others may not arrive until later. Sega has not provided any windows.
Will the new Streets of Rage be a sequel to Streets of Rage 4?
It is unclear. Streets of Rage 4 was a critically acclaimed sequel, and the new game could be a direct follow-up or a full reboot. The teaser showed a more realistic art style, which suggests a departure from the hand-drawn look of the 2020 game, but Sega has not given details.
Are these games being developed by Sega internally?
Some are, but Sega has not disclosed all the studios involved. It is likely that different teams are handling different franchises. For instance, Virtua Fighter might be developed by a fighting-game specialist, while Jet Set Radio could be handled by a studio with experience in open-world games. Sega has promised more information in the coming months.
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