Diversity, streaming reshape video games for a new generation

The League of Legends World Video Game Championships final at SAIC Pudong Football Stadium in Shanghai on Oct 31. — AFP

HONG KONG: In the quarter of a century since Sony launched the groundbreaking PlayStation, video games have exploded into the biggest form of entertainment in the world, and analysts say the growing diversity of billions of players is reshaping the industry.

The Japanese tech giant and its American rival Microsoft are preparing to launch their latest consoles next week, competing in a US$160bil global market – bigger than film and music combined.