Company
Categories
 
 
Login
 
Username:
Password:
 
Stats
 
» Products: 000
» Online: 011
» Counter: 1563660
 
Support online
 
 
Partner
 
Nikkei
CNBC
The Economist
IABM
Vietnam Airlines
SEAMEO
Vietnam Australia International School
ISCHCMC
   
   
» Home » News
Thứ Năm, 01-08-2019, 13:42:54
Nikkei Asian Review No.30: GAME OVER FOR THE CONSOLE?
A Netflix moment for gaming? Streaming challenges consoles in 5G era

Ms. Khanh Ha
M: 0915.932.392
E: ha.bui@globalbookcorp.com

In May, Sony CEO Kenichiro Yoshida faced his counterpart at Microsoft, Satya Nadella, on the sprawling campus in Redmond, Washington, that houses the world's largest software maker.

The meeting was the culmination of highly secretive talks about a joint venture in a market where they had previously been fierce rivals: video games. For nearly two decades the companies' consoles -- Sony's PlayStation and Microsoft's Xbox -- have competed for space in living rooms around the world, investing billions in technology and intellectual property to win over gamers. But, on May 17, the pair announced that they would now be collaborating, developing game and media streaming services based on Microsoft's Azure cloud computing platform.

The partnership even took company insiders by surprise.

"It was really shocking to see Yoshida and Nadella shaking hands," one executive at Sony Interactive Entertainment, the Japanese electronics and entertainment conglomerate's gaming unit, told the Nikkei Asian Review.

Once unimaginable, the tie-up between the two rivals was driven by a looming disruption to their console businesses, as the $130 billion video game industry finally faces its "Netflix moment." Just as the TV and music businesses have been reshaped by the streaming boom that has replaced CDs and DVDs with subscription services, advances in cloud computing could change how games are delivered to consumers, eroding -- or even entirely destroying -- the market for physical consoles and expensive downloads.
 
"It will have a profound impact on the industry in the next three to five years," said Luke Alvarez, founder and managing partner of Hiro Capital, an investor in gaming and esports startups. "It will open up the ecosystem. ... Companies will have to adapt." 
OTHER POSTS:
 
Shopping Cart
Have [0] product(s) in Cart
» View Cart
» Check Out
 
Hot Products
 
 
Promotion Products
 
 
Web-Link
  
Home | About us | Products | Services | News | Term | Contact us