OnLive

Chris Nuttall

The major video game publishers have switched development of next-generation games from consoles to the OnLive platform of internet-based gaming, according to the service’s founder.

Steve Perlman, (pictured) OnLive chief executive, said his service was also gaining considerable attention from investors, as he announced a major funding round led by AT&T Media Holdings. 

Chris Nuttall

The launch of OnLive at GDC this week could force console makers to confront the future of their products much sooner than they would have liked.

It had already seemed likely that the current console cycle would be extended – TV is not going to improve on existing HD standards for some time and 3D effects can already be simulated, so there is little threat of obsolescence for the Xbox 360 or PlayStation 3. 

Chris Nuttall

The secret is out.

OnLive, a potentially revolutionary video game service that calls into question the future of consoles, has been unintentionally revealed to the public.