Derek Connolly, the screenwriter known for his work on the Jurassic World trilogy, is set to adapt Sega’s 1993 fighting game Eternal Champions into a live-action film. This project is being developed by Skydance, with Toru Nakahara, who has overseen the Sonic movies, acting as one of the producers.
I’m guessing the discussion was, “Let’s make a Sega Cinematic Universe to compete with Nintendo’s.”
I’m also going to give 1:1 odds that there are plans for an Altered Beast movie.