APC Australia

Take-Two CEO is thankful the company didn’t ‘waste any money’ on VR

Strauss Zelnick is doubtful about cloud gaming, too.

-

There’s one game industry executive who doesn’t have any enthusiasm for VR, being Take Two Interactiv­e CEO Strauss Zelnick. Asked about the potential impact of cloud gaming, and Stadia in particular, he said in an interview with Protocol that “any new distributi­on vehicle that offers high-quality, efficiency and a reasonable price is good for our business,” but also used VR as a cautionary tale about getting too caught up in the hype.

“There was all this hype for years about VR, and I wasn’t very compelled by that,” Zelnick said. “Thankfully, as a result, we didn’t waste any money on it.”

He expressed similar doubts about the impact of cloud gaming, saying that he suspects “it will not be transforma­tive.”

“There were some parties who were saying there are 130 [million] to 140 million current-gen consoles out there. There are billions of PCs out there,” Zelnick siad. “You know, if you can make in a frictionle­ss way console video games available to everyone who has a PC or a tablet or a phone, then your market size automatica­lly would be 20x just mathematic­ally.”

Newspapers in English

Newspapers from Australia