Square Enix: Consoles set for extinction

Square Enix chief Yoichi Wada is preparing his firm for the demise of physical media – and potentially the death of home consoles.

In an exclusive interview with MCV that will be published next week, the CEO of the publisher – which now owns Eidos and is famous for its epic disc-based Final Fantasy games – said that a dramatic change will come in the next decade offering more opportunity for market growth, but fundamentally transforming the traditional industry.

"In ten years' time a lot of what we call 'console games' won't exist," he said.