Nintendo, Sony don't need Sega since it's an expensive company which doesn't sell a lot of games... They are doing fine everywhere anyway.
Amazon, Apple, Microsoft, Apple or Google have the money but need a historical partner like Namco, Capcom or Sega for a huge partnership. (The single rumor of the Sega Stadia stuffs created more hype than 6 months of Stadia Studios announcements.)
Like Crassus with Cezar, they need a name with many exclusives.
Separately, most of Sega IPs are pretty weak except 10 or 15 names (not talking about quality but sells) but as whole the entire Sega library is HUGE, "a gold mine" covering every genre if someone Can secure a Real partnership.
What would be exciting ?
Asia for Sega.
West for Microsoft.
On system.
1000 Sega exclusives for Microsoft, millions bucks for Sega to drop the bombs.
Win, Win. X is dead in Asia,Sega needs money to produce Real AAA.
Love the thumbnail,lol.