News: Evolved games market has stumped next-gen console plans

Alex St John has told Industry.biz that he believes the reason Microsoft and Sony haven’t announced a new generation of consoles is because it’s no longer clear what they can do to improve on the systems they are already offering.

The former executive at Microsoft and WildTanget, and now president of social business hi5, said that the Wii proves that high-tech consoles aren’t the next step in home entertainment, and cheaper social gaming via the web has left manufacturers in a niche market.

“This is usually when you announce [consoles]. It’s 2010. No rumours either. There’s two reasons for delaying. The reason for the delay is the reason I’m right,” said the out-spoken executive.

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