With the Xbox 720 from Microsoft and PS4 from Sony on the horizon the decision on which console to buy this year may just get more complicated as there are rumours that there may be a new entrant to the market.
Valve, the makers of growing PC gaming platform 'Steam', is getting ready to enter the console market.
Valve's Steam platform - which promotes titles by other developers as well as its own - has over 50 million registered accounts with software for the Windows, Mac and Linux operating systems.
Mr Newell would not be drawn on whether Half Life 3 was a planned launch title for the Steam Box
Its upcoming Steam Box hardware is designed to make it easy to access the service via living room televisions posing a challenge to Nintendo's Wii U, the upcoming Sony PlayStation 4 and Microsoft's next Xbox.
From news.bbc.co.uk