Michael Wolf Quotes on Business & Commerce (2 Quotes)

Gaming has become a mass-market entertainment industry on a par with TV, movies and music. Segments such as video game advertising, set to become a market worth close to 3 billion by 2011, will result in the further maturing of this industry. The ability to play music and media from powerful consoles and handhelds will drive overall industry growth as consumers begin to view gaming devices as one-stop-shop entertainment platforms.

These industries are interdependent but very separate. It's very tough for technology companies to become media companies, even though they aspire to become so. And media companies are not about technology. They are at the two ends of the spectrum--they are coming together on one side but are still very separate.