OnLive May Not Arrive In 2009

While Cloud gaming service OnLive’s confirmed funding values the company between $500-750 million, boss Steve Perlman has said it may not launch by the end of the year. Speaking on his Blog, Perlman commented:

“Over the last decade, we’ve seen an enormous upheaval in the media business as the written word, photos, music, and video have been steadily moving away from physical media to online delivery."

“One major category that still remains largely based on physical discs is fast-response interactive media — in particular, video games. And, of course, OnLive’s goal is to enable that last remaining transition.”

OnLive was always down to arrive in 2009 and most likely in Winter.

Source: VentureBeat