The executive said the console power chase has hit a “ceiling” and called for companies to compete on content rather than specs. “It’s time for a real hard reset on the business model, a hard reset on what it is to be a video game,” he told VGC.

Former PlayStation boss Shawn Layden has said that the disappearance of lower budget, AA games is a death sentence.

With more and more studios opting to make spin-offs, sequels and reboots of existing I.P. rather than explore new concepts and stories, former PlayStation executive Shawn Layden has declared there is a "collapse of creativity" in the games industry.

Former PlayStation exec Shawn Layden has discussed the state of the games industry, stating there's a "collapse of creativity" and that relying on blockbusters is "a death sentence". Layden took to the stage at Gamescom Asia alongside Raw Fury co-founder and chief publishing officer Gordon Van Dyke (thanks GI.