4.8 • 1.5K Ratings
🗓️ 20 June 2024
⏱️ 42 minutes
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Just as Nintendo and Minoru Arakawa finally see off rival Sega, a different threat emerges and opens a new front in the Console Wars: Sony’s PlayStation.
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0:00.0 | Wundery Plus subscribers can listen to business movers early and ad free right now. |
0:05.0 | Join Wundry Plus in the Wundery app or on Apple Podcasts. Wandering. It's May 12th, 1995 at the Electronic Entertainment Expo, a new trade show being held for the first time at the Los Angeles Convention Center in California. |
0:35.0 | Menoru Arakawa, the president of Nintendo of America, sinks gratefully into a chair next |
0:40.0 | to a cardboard cutout of his company's most famous creation, Mario. |
0:44.7 | Manoru spent much of the day on his feet showing off demos of Nintendo's upcoming |
0:49.0 | games for its S&ES video game console. |
0:52.3 | But right now Nintendo's stand is quiet. Most of the |
0:55.4 | trade show attendees have gone to a press conference being held by a |
0:58.7 | newcomer to the video game industry, Sony. Howard Lincoln, Nintendo of America's vice president, shouts from the back of the booth. |
1:07.0 | Menoro, it's about to start. |
1:09.0 | Menoro heaves himself out of the chair and goes to join Howard, who's hunched over a small |
1:13.7 | television. On screen a Sony employee stands at Electron and behind him a giant |
1:19.2 | screen is emblazoned with the name of Sony's new product, the PlayStation. |
1:23.0 | Manor who turns to Howard. |
1:25.0 | Well, are we expecting any surprises? |
1:27.0 | I don't think so. |
1:28.0 | Most of the details have already leaked. |
1:31.0 | It's a 32-bit console, plays games on CDs, not cartridges, going to retail it over $400. |
1:37.0 | That's a lot of money for a home console. |
1:39.0 | Well, I guess it's a lot more powerful than the SNES. |
1:42.0 | But we've been here before, though. The important thing isn't the console, Howard, it's always the games you can play on it. Well, speaking of which, |
1:49.0 | Minauru and Howard fall silent as the Sony employee on the television introduces a presentation of the PlayStation's launch titles. |
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