The press wire is abuzz about Sega's acquisition of Unreal Engine 3 licensing. And according to the official announcement, Sega of America will be using Epic Games' proprietary game engine to use for the company's next generation videogame titles.

"Sega has cultivated some of the world’s most treasured game franchises, and we are thrilled that they have decided to make more games with Unreal Engine 3," said Mark Rein, VP of Epic Games. This may be a hint that Sega has plans to modernize its current franchise portfolio.
 
But Dave Cobb, VP of Development at Sega of America, also pointed out that they might use UE3 in order to bring "original and exciting next-generation multi-platform titles" to the PlayStation 3, PC, and Xbox 360. More movie game adaptations coming?

Maybe, but so far the names of the franchise candidates haven't been revealed specifically. So stay tuned for more updates.