It might only be my perception, but I feel that not enough people on these boards are giving Sony the credit they deserve. Sony actually saved Shenmue. They're much more than a valued partner here, they were the driving force behind all of this. If it wasn't for them, Shenmue III would not be happening.
They listened to fans demanding Shenmue III and Yakuza 5 during their "Building the List" campaign, first announcing a western release of Yakuza 5 at PlayStation Experience in 2014, which was then followed by the most unlikely thing: The Shenmue III Kickstarter at E3 2015.
Many of you still seem to be looking to SEGA for further Shenmue stuff. The thing is, without Sony's involvement, they won't lift a finger. They didn't support Shenmue during the past decade (you'd have to be quite the fanboy to claim otherwise, and I know some of you do and thus probably are), and they won't be starting to do so anytime soon. If you want Shenmue I&II HD, Sony are the ones to ask. Maybe we'll hear something about it at Sony's Paris Games Week conference in about a month. If you're glad about Shenmue III, which is most likely the case, Sony are the ones to thank.
Concerning SEGA's involvement, if it can be called that: Yes, they gave Yu the license. But why shouldn't they. All they had to do was say "Alright. Part of the profits in late 2017 to this bank account please: ...". They had no plans to do anything with it. Now they're allowing Yu to do something with it, which is as passive as it gets, while (most likely) still making a (small?) profit off it. I doubt that license came totally free.
I could be wrong, but I'm pretty sure if an HD collection gets announced, it will be on one of Sony's stages. Sony's motivation behind all of this is obvious, of course. Shining as the most gamer/fan/consumer-friendly console manufacturer out there. Having much desired stuff for the hardcore audience on their system. And it works for me. The stuff they support is great. And it's more than great that they brought Shenmue III to life after all these years. They deserve our praise for it. So do Cedric Biscay and Shibuya Productions of course. So does Yu Suzuki. So do the guys at Neilo. But they are getting their praise on these boards, they are getting lots and lots of it. I feel Sony doesn't, even though they deserve it arguably the most for making it all possible. So let me conclude by saying:
THANK YOU SONY.
FOR MAKING SHENMUE III REALITY.