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Inside E3: Sony's PlayStation2 to Hit North America Before Christmas 2000

Aired May 11, 2000 - 1:26 p.m. ET

THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.

LOU WATERS, CNN ANCHOR: One of our most serious correspondents is out having a bunch of fun today, apparently.

NATALIE ALLEN, CNN ANCHOR: You know, Rick Lockridge knows a good story, and he goes after it. He digs deep. Rick is at the E3 computer gaming show in Los Angeles.

What you got for us, Rick? Are you getting any work done?

RICK LOCKRIDGE, CNN TECHNOLOGY CORRESPONDENT: Well, I'll be having a lot of fun once I'm relieved of the burden of having to talk to you and tell you all about. But it's a great show, E3, the Electronic Entertainment Expo, the biggest video and computer game trade show in the world. And if we can take a look over my shoulder here, you can see just a little bit of it: 450 companies from 100 countries displaying over 2,000 new titles at this year's show.

But, you know, I think a lot of people are coming in and asking the same question: When are we going to be able to get our hands on PlayStation2? Let's admit it: There's a lot of PlayStation fans and users out there. And when PlayStation2 hit in Japan, it caused absolute pandemonium.

Well, we have an answer for you today.

And here to tell us about that is Kaz Hirai, who is the president and COO of Sony Computer Games.

KAZ HIRAI, COO, SONY COMPUTER ENTERTAINMENT: Entertainment.

LOCKRIDGE: Entertainment. OK, Kaz, so tell our viewers right away: When are they going to be able to get their hands on PlayStation2?

HIRAI: The North American consumers will be able to get their hands on the Sony PlayStation2 computer entertainment system on October 26 of this year, right before the holiday selling season.

LOCKRIDGE: And you're going to bring a million of them into the country. So you'll probably have enough for, like, the first day.

HIRAI: Initially, we will be bringing in a million units, as we did in Japan. And, as you mentioned, they were sold out very quickly in Japan when we launched. So we expect to try to bring in as many units as possible; but initially, a million units.

LOCKRIDGE: What is it -- I know I'm sort of asking you to preach to the choir here -- but what is it about PlayStation2 that caused such excitement, and that you expect to cause that much excitement over here as well?

HIRAI: The PlayStation2 really is not just an evolutionary step from the PlayStation. It will play PlayStation games. People have already invested their money in software for PlayStation. It will play those games, it will play PlayStation2 games, it will play digital video discs, DVDs. But perhaps most importantly of all, it has the ability to connect into a broadband network for downloading of entertainment content, so offering the widest variety of entertainment options for the consumers as possible.

LOCKRIDGE: And there'll be lots of new games. You mentioned you can play the old games, but lots of new titles that customers can get?

HIRAI: Absolutely. We expect to have more than 50 titles between the launch on October 26 and the end of the year.

LOCKRIDGE: Costs how much for a PlayStation2?

HIRAI: Two-hundred and ninety-nine dollars.

LOCKRIDGE: All right, good job. Thanks very much for your time.

HIRAI: Thank you. Thank you very much.

LOCKRIDGE: So there you have it, Lou and Natalie. You heard it here: October 26 for PlayStation2.

That's the latest from E3. Live from Los Angeles, I'm Rick Lockridge. Now back to you.

WATERS: Thank you, Rick.

ALLEN: Breaking news from Rick.

WATERS: He's answered the question that my 14-year-olds have been asking me for the last years: When is PlayStation2 coming? And it appears it's a Christmas present.

ALLEN: Just in time for you to fork out 300 bucks for Christmas.

WATERS: Plus tax, time two.

ALLEN: Oh, yes. I was going to say, if you get two.

Well, thanks to Rick Lockridge. We now relieve him of his burden and he can go play.

WATERS: Yes, he can go play now.

TO ORDER A VIDEO OF THIS TRANSCRIPT, PLEASE CALL 800-CNN-NEWS OR USE OUR SECURE ONLINE ORDER FORM LOCATED AT www.fdch.com

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