The executive said the console power chase has hit a “ceiling” and called for companies to compete on content rather than specs. “It’s time for a real hard reset on the business model, a hard reset on what it is to be a video game,” he told VGC.

Former PlayStation boss Shawn Layden has said that the disappearance of lower budget, AA games is a death sentence.

Ex-PlayStation executive Shawn Layden has shared his perspective on the current state of the games industry. During a conversation at Gamescom Asia (via GamesIndustry.biz) with Raw Fury co-founder and chief publishing officer Gordon Van Dyke,