This Week in the Business: 'PlayStation 4 Must Look Beyond Games'

What's happened in the business of video games this past week ...

QUOTE | "PlayStation 4 must look beyond games."—Chris Morris, veteran game journalist, on what Sony should and shouldn't do with the PS4.

QUOTE | "Free-to-play games can't be high quality."—Oliver Comte, Senior Vice President for Namco Bandai Europe, speaking at Cloud Gaming Europe on why cheap games are bad for the game industry.

Advertisement

QUOTE | "PS Vita's 250MB plan is functionally useless."- Brad Hilderbrand, co-host of the Power Button podcast, reacting to the AT&T 3G plans for the Sony PS Vita.

STAT | $150 – Amount Zynga allegedly loses on each new customer, based on an analysis by Sterne Agee analyst Arvind Bhatia.

QUOTE | "PlayStation Vita might actually make a little money from day one."—James Brightman, Editor-In-Chief at IndustryGamers.com, analyzing the parts cost of the PS Vita.

QUOTE | "Streaming games will begin to significantly impact the gaming industry."—Steve Peterson, West Coast Editor for IndustryGamers.com, talking about some of the significant trends on view at CES last week.

STAT | 57% – Amount that PS Vita sales dropped in Japan last week over the previous week, which was already down 42% from the week before that.

QUOTE | "More social games get an extreme makeover."—Scott Steinberg, CEO of video game consultant TechSavvy Global, talking about what to expect in 2012 from social games.

QUOTE | "We're seeing a huge shift in the way people consume content."—John Davison, Vice President of Programming at CBS Interactive , discussing how readers of GameSpot and gaming sites in general are changing how they look at content about games.

QUOTE | "His role will be moving Xbox beyond a gaming platform."—Dave Cutler, the father of Windows NT and one of the brightest minds at Microsoft, will now work on transforming the Xbox platform.

QUOTE | "There's going to be more lawyers."—Patrick Sweeney, member of the Video Game bar Association board, with a scary prediction as he talks about attorneys who specialize in games.

This Week in the Business courtesy of IndustryGamers.com

(Image from Shutterstock)