What's happened in the business of video games this past week ...
QUOTE | "PlayStation 4 must look beyond games." — Chris Morris, veteran game journalist, on what Sony should and shouldn't do with the PS4.
QUOTE | "Free-to-play games can't be high quality." — Oliver Comte, senior vice president for Namco Bandai Europe, speaking at Cloud Gaming Europe on why cheap games are bad for the game industry.
STAT | $US150 — Amount Zynga allegedly loses on each new customer, based on an analysis by Sterne Agee analyst Arvind Bhatia.
QUOTE | "PlayStation Vita might actually make a little money from day one." — James Brightman, editor-in-chief at IndustryGamers.com, analysing the parts cost of the PS Vita.
QUOTE | "Streaming games will begin to significantly impact the gaming industry." — Steve Peterson, west coast editor for IndustryGamers.com, talking about some of the significant trends on view at CES last week.
STAT | 57 per cent — Amount that PS Vita sales dropped in Japan last week over the previous week, which was already down 42 per cent from the week before that.
QUOTE | "More social games get an extreme makeover." — Scott Steinberg, CEO of video game consultant TechSavvy Global, talking about what to expect in 2012 from social games.
QUOTE | "We're seeing a huge shift in the way people consume content." — John Davison, vice president of programming at CBS Interactive, discussing how readers of GameSpot and gaming sites in general are changing how they look at content about games.
QUOTE | "His role will be moving Xbox beyond a gaming platform." — Dave Cutler, the father of Windows NT and one of the brightest minds at Microsoft, will now work on transforming the Xbox platform.
QUOTE | "There's going to be more lawyers." — Patrick Sweeney, member of the Video Game Bar Association board, with a scary prediction as he talks about attorneys who specialise in games.
This Week in the Business courtesy of IndustryGamers.com