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Paradox CEO: Next-generation of consoles will be the last

Paradox CEO says that the next-generation consoles will be the last.

@anthony256
Published Fri, Jan 20 2012 2:27 AM CST   |   Updated Sat, Aug 8 2020 10:29 AM CDT

At the Paradox convention, CEO of Paradox, Frederik Wester, said in a speech that he believes the next-generation of consoles will be the last. He made his traditional predictions of the games industry, where he sees a further rise in more digital-focused platforms and distributions. He said:

Paradox CEO: Next-generation of consoles will be the last | TweakTown.com

The next generation of console hardware will probably be the last. I'd be surprised if we see another generation after that.

He also predicted that there will be a further decline in box products, and a rise in 'open' platforms such as the PC, mobile and social networks. Paradox have seem digital revenue increases from 1.5-percent in 2006, to 97-percent in 2011. In the same year, they beat their 2010 statistics with a 75-percent growth in revenue, and a very nice 250-percent growth in profit.

NEWS SOURCE:ve3d.ign.com

Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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