EDIT 13/02/2017:
http://www.magic-ip.com/activity/conferences-3/
The schedule for MAGIC has been published, with a general Shibuya Productions panel at 5PM CET (4PM GMT) with Cedric Biscay. If Shenmue III appears, it'll be during this time slot.
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So now that we're only a week away from MAGIC in Monaco (18th of February), I thought I should put up a thread for information about the event, speculation, and realistic expectations.
WHAT WE KNOW
Shenmue III has not been officially announced to be present at the event. Shenmue III's only mention may be just as a bullet point when Shibuya Productions details their upcoming project slate.
WHAT WE CAN ASSUME
Yu Suzuki will not be present. Yu was the first guest confirmed for MAGIC 2016 and his appearance was planned well in advance. While Cedric has not been able to answer affirmatively about Yu being/not being at the event, it is safe to assume at this stage he will not be there.
THE RUMOURS
The general scuttlebutt is that Shenmue III appearing in picture or video format is still possible, but totally in the hands of YSnet. It's completely at their discretion that something is shown. There will be no dedicated Shenmue panel, but I would think Cedric is keeping a spot open during a general Shibuya Productions panel if he receives material to show.
The dream scenario would be that an update is pushed on Kickstarter at the same time, but we have no evidence to indicate that will be the case.
COVERAGE
MAGIC opens its doors on February 18th at 9AM Monaco time, which is CET.
Shenmue Master will be at the event, so you can keep an eye on their Twitter for any information that may break: https://twitter.com/shenmuemasterfr
Peter floated the idea of a stream over on the Shenmue Dojo Twitch channel where he'd continue playing the Shenmue Undub while we wait for any trickle of information. Details will be posted this week. The Shenmue Dojo Twitch channel can be found here: http://www.twitch.tv/shenmuedojo