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Disney Close To Naming Next CEO, Might Be Someone Who Wants To Do More In Gaming - Report

Disney Close To Naming Next CEO, Might Be Someone Who Wants To Do More In Gaming - Report https://ift.tt/HilCgaR The Walt Disney Company could vote on its next CEO soon, and the person considered to be the top candidate for the job, Josh D'Amaro, is the person spearheading the Disney x Fortnite project and the executive who wants to do more with gaming overall going forward. The Wall Street Journal reported that current CEO Bob Iger is planning to resign prior to the end of his current contract on December 31 this year. A meeting will take place this week at the company's headquarters in Burbank, California to vote on his replacement, the report added. The WSJ report added that Iger would stay on for "several months" to help mentor the incoming CEO, while it's possible Iger could remain a board member after he steps away as CEO. Continue Reading at GameSpot
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Former PlayStation Boss Says Gaming Faces "Existential Threat"

Former PlayStation Boss Says Gaming Faces "Existential Threat" https://ift.tt/Zbqosvl

According to former PlayStation boss Shawn Layden, non-endemic companies like Netflix or Google are one of the biggest threats to the video game business today.

Layden spoke at a keynote on stage with GamesIndustry.biz head Christopher Dring at the website's Investment Submit last week. Listing his top three concerns for the industry in the years ahead, he claimed that "consolidation can be an enemy of creativity," and that "rising costs in gaming are an existential threat to all of us." He then referred to non-endemic companies like Netflix, Google, Apple, and Amazon as "barbarians at the gate."

Layden sees what happened to other entertainment spaces, like music and TV, as cautionary tales. The music industry was permanently altered by iTunes, for example. Netflix aided in destroying home video rental and changed consumers' relationship to the cinema. He is hopeful that gaming will disrupt itself, rather than being changed by outside forces. He said, "Where it doesn’t take a Google or an Amazon to completely flip the table. We should be smart enough to see these changes coming and prepare ourselves for that eventuality."

Continue Reading at GameSpot
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