CEA: The Next-Gen Console War Will Benefit the Gaming Market

10:02 | editor | Aug 19th, 2006 10:06am |

The Consumer Electronics Association predicts that video games will bring in more than $12 billion dollars this year. In this podcast, CEA’s Sean Wargo talks with PodTech’s Rio Pesino about the growth of the industry, the impact next-gen consoles will have on the gaming market and comments on the Yankee Group’s prediction that the Sony Playstation 3 will win the console war.

Reporter’s Notes: The fact that videogames have become a billion dollar industry is no surprise. Sean Wargo’s prediction that the PS3 will win the next-gen console war came as something of a shock to me. Sure, Sony has a huge market share right now, but with Microsoft’s early release of its Xbox 360 and Nintendo’s expected cheap price tag on the Wii, I can see Sony losing a lot of gamers. The PS3’s expensive price tag and inclusion of Blu-Ray is also a risk. Gamespot has an in-depth interview with Sony Computer Entertainment American President Kaz Hirai.

In other CEA-related news, I got a chance to speak with CEA Communications Director Tara Dunion about the scaling down of the E3 Expo and the company’s thoughts on perhaps creating a West Coast venue to replace E3.
- Rio Pesino

Tags: Consumer Electronics Association, Yankee Group, Sony Playstation 3, Xbox 360, Nintendo, Wii, Sony, Blu-Ray, Kaz Hirai, Tara Dunion

This entry was posted on Saturday, August 19th, 2006 at 10:06 am and is filed under PodTech, Gaming, PodTech News, Technology. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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