New consoles to usher in an era of free-to-play titles

The forthcoming Microsoft and Sony consoles are likely to boost the market for free-to-play video games, which are mostly found on mobile devices, Mayumi Negishi writes. The console manufacturers are courting independent game developers to produce such titles, she notes. "Free-to-play games have generated enough cash that those developers can take risks," said Satoshi Tanaka of Daiwa Securities, noting that consoles reach both children and serious gamers.

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