OnLive may threaten XBox, PS3 and Wii

BY Andrew Miesner / March 25, 2009

A new start-up called OnLive announced a brand-new game distribution system Monday night. If it works OnLive could change the world of games for forever.

OnLive, which was started by former Eidos CEO Mike McGarvey WebTV and founder Steve Perlman is aiming to launch a system (seven years in the making) that will digitally distribute first-run, AAA games from publishers like Electronic Arts, Take-Two, Ubisoft, Atari, and others, all at the same time as those titles are released into retail channels.

The system is designed to allow players to stream on-demand games at the highest quality onto any Intel-based Mac or PC running XP or Vista, regardless of how powerful the computer. The OnLive system will also stream games directly to a television via a small plug-in device in which players can use a custom wireless controller as well as a VoIP headset.

Source: CNN