Kotick expects 'no exception' in rising dev costs for next-gen
7th Feb 2013 | 23:20
Activision CEO Bobby Kotick says the looming transition to next-generation consoles will be 'no exception' when it comes to seeing a rise in development costs.
"This is my 22nd year doing this, and every single console transition we've seen an increase in development costs. Over long periods of time it gets smoothed out, but I would say this is not a transition where that's going to be an exception," Kotick told investors during an earnings call today.
"We're going to have to figure out how to take advantage of the unique abilities of new hardware and that requires new skills and investment in tools and technology and engines and so yes, that's likely."
Epic Games founder Tim Sweeney has predicted that the cost of developing games at the start of the next-generation of consoles will double next to spending during the same period on current-gen hardware.
Sony Computer Entertainment looks set to officially unveil the PlayStation 4 at an event set for February 20 at 6pm EST, where it says gamers will "see the future".