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Description
It has been a staple in the video game industry for generations now: roughly every five years, the major console manufacturers roll out new systems, packing graphics that are even more eye-popping and features we couldn’t have previously imagined. The core gaming world immediately goes crazy for early previews of next generation titles, scrutinizing every frame of released video. And the countdown begins for the next generation.

Not this time, though.

While it's been five years since Microsoft unveiled the Xbox 360 (and four since the Wii and PlayStation 3 debuted), the game industry is letting things ride, offering updates and new play techniques to existing consoles, but not making enormous financial bets on true next-generation machines. And, for the most part, everyone seems okay with that.

Still the ones.
The lingering recession and rising game development costs are partially to blame for the lack of new machines. As game systems have matured, the cost of making triple-A games has soared. Tent pole titles now cost (on average) between $20 million and $40 million -- and there are some extreme examples, like Rockstar Games' blockbusters "Red Dead Redemption" and "GTA IV," that have reportedly sailed past the $100 million mark.

Next-gen games will cost even more. With publishers struggling to achieve a profit in the current economy, no one is in a hurry to add to their expense sheet.

Link to full story here--->[link] <---

KNC News, Out!--------------------------------------

Description
It has been a staple in the video game industry for generations now: roughly every five years, the major console manufacturers roll out new systems, packing graphics that are even more eye-popping and features we couldn’t have previously imagined. The core gaming world immediately goes crazy for early previews of next generation titles, scrutinizing every frame of released video. And the countdown begins for the next generation.

Not this time, though.

While it's been five years since Microsoft unveiled the Xbox 360 (and four since the Wii and PlayStation 3 debuted), the game industry is letting things ride, offering updates and new play techniques to existing consoles, but not making enormous financial bets on true next-generation machines. And, for the most part, everyone seems okay with that.

Still the ones.
The lingering recession and rising game development costs are partially to blame for the lack of new machines. As game systems have matured, the cost of making triple-A games has soared. Tent pole titles now cost (on average) between $20 million and $40 million -- and there are some extreme examples, like Rockstar Games' blockbusters "Red Dead Redemption" and "GTA IV," that have reportedly sailed past the $100 million mark.

Next-gen games will cost even more. With publishers struggling to achieve a profit in the current economy, no one is in a hurry to add to their expense sheet.

Link to full story here--->[link] <---

KNC News, Out!--------------------------------------