Sega's Australian studio reportedly pitched a series of Golden Axe, Altered Beast, Streets of Rage and Shinobi reimaginings to be released under a "Sega Reborn" brand, according to a report on Kotaku.
Under the proposal pitched "a few years back," the new games based on classic Sega franchises would be set in the same universe and feature a shared mythology "mostly for marketing." If the Brisbane-based studio was given the greenlight from Sega HQ in Japan, the Sega Reborn games would have featured new content, yet follow the original games' stories and level progression.
The side-scrolling, beat 'em up, hack-and-slash arcade series, Golden Axe, initially launched in arcades in 1989. Later installments would see releases on consoles, including the Mega Drive, Xbox 360 and PlayStation 3. The beat 'em up arcade game, Altered Beast, first launched to arcades in 1988 and was later ported to consoles such as Sega Mega Drive and Sega Genesis.
You can watch the video of Sega Australia's Unity-developed Golden Axe pitch above.
Polygon reached out to Sega representatives for more information