Can OnLive Really Overturn the Gaming Industry?

onlive_logoToday everyone who follows the gaming industry is talking about OnLive, an upcoming service incubated by Rearden, the venture company of Web TV Founder Steve Perlman. The system, which streams high-end video games to pretty much any PC, Mac, or TV with a broadband connection, was set to be officially unveiled tonight during the Game Developers Conference in San Francisco, but was pushed out earlier after the embargo on it was broken last night.

But can it really turn the gaming industry upside down, the way so many are predicting (as here, here, and here)? I attended a hands-on demo yesterday, and OnLive performed impressively, quickly delivering top games with a great frame rate, in a way that solves multiple problems plaguing large game publishers, such as piracy and low profit margins via retail sales.
However, even assuming the service works that well when it goes live to consumers this winter, at least three factors could hamper its adoption: Read More about Can OnLive Really Overturn the Gaming Industry?

Vid-Biz: Qik, PlayStation, Hitachi

Nokia to Feature Qik; handset maker to push live-streaming video service in its Ovi Store application depot and integrate it with its video-sharing platform. (emailed release)

PlayStation Network Gets NBC Universal Films and TV Shows; addition brings the total amount of content on the game platform to 1,400 movies and 4,500 TV episodes. (VentureBeat)

Hitachi to Plead Guilty to Price Fixing LCD Prices; firm agrees to pay $31 million fine. (USA Today)

Revision3 COO Ustreams Intruder Break-in to His Apartment; rather than call the police David Prager Twittered about the interloper’s presence and set up his web cam. (Silicon Alley Insider)

Google Rolling Out Behavioral Ads; YouTube among the sites to feature “interest-based ads” that allow you to select categories of ads you want to see. (GigaOM)

MTV Orders Private High Musical Pilot; ribald web series from 60Frames’ Red Band Industries among the latest web-to-TV acquisitions made by the network. (Tubefilter)

Revision3 Acquires CO-OP; will air video gaming culture show from creators of The 1UP Show. (emailed release)