In 2014 I reported that game company Sega and ad agency Hakuhodo DY Group were launching Stories International, a joint venture to produce film and TV shows based on Sega’s video game properties. Classic werewolf / were-bear / wear-tiger / were-dragon beat-em-up Altered Beast was among the game franchises mentioned at the time.
Today, as reported by Variety, Stories International has teamed up with Walking Dead and Dirk Gently production company Circle of Confusion to produce adaptations of ‘Altered Beast’ and ‘Streets of Rage'”.
From the Stories press release:
STORIES INTERNATIONAL has partnered with Circle of Confusion, executive producers of “The Walking Dead”, to produce filmed entertainment adaptations of “Altered Beast” and “Streets of Rage”, based on the respective SEGA video game franchises, and will explore opportunities for both titles in film and television.
We’re still at the “big companies agreeing to work with each other” stage, but it’s encouraging to see the production gigs going to a company that really seems to know what it’s doing.