Take-Two Interactive CEO Strauss Zelnick said on Monday that although gaming consoles are not going away, the industry is moving toward PCs in the next decade.
“I think it’s moving towards PC and business is moving towards open rather than closed,” Zelnick told CNBC’s “Squawk Box.” “But if you define console as the property, not the system, then the notion of a very rich game that you engage in for many hours that you play on a big screen — that’s never going away.”
Zelnick said the current split between console and mobile is about even in the market, but mobile is growing more rapidly than consoles.
Although gaming giants like Sony’s PlayStation and Nintendo have remained focused on traditional consoles to major success, rivals like Microsoft’s Xbox have hinted at more PC-based gaming for the next generation of hardware.
Gaming company Valve garnered significant buzz last week after announcing its new Steam Machine, a console-PC hybrid that can run PC games on a television or as a normal gaming computer.