Linked by Thom Holwerda on Mon 10th Dec 2012 23:24 UTC
Games Confirming the industry's worst-kept secret, Valve CEO Gabe Newell has confirmed Valve is working on its 'Steam Box', a Steam-powered HTPC geared towards console-like gaming. It'll most likely run Linux. "Well certainly our hardware will be a very controlled environment," he told Kotaku. "If you want more flexibility, you can always buy a more general purpose PC. For people who want a more turnkey solution, that's what some people are really gonna want for their living room." Steam has 50 million subscribers, so there's a market here. As a comparison: Xbox Live has 40 million subscribers.
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RE[2]: Comment by Luminair
by Nelson on Tue 11th Dec 2012 06:15 UTC in reply to "RE: Comment by Luminair"
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Does Valve have the money to become a loss leader? Microsoft, yes. Sony, yes. Valve?

It's a huge risk to absorb an entire console generations worth of losses to maybe one day take on the giant elephants in the room that are Microsoft and Sony.

The console market isn't attractive. It's cutthroat, margins are razor thin, and it's hard to establish a presence. Ask Microsoft how much it cost them to loss lead.

Microsoft needed it to ensure that no one found a back door into Windows' territory via the living room, but what does Valve need this for?

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