Failure to adapt to the new model will see new platforms fail.
Sony embracing free-to-play on PlayStation could be a major factor in seeing the platform continue to thrive, Crytek CEO Cevat Yerli has told MCV.
"This will be the last console generation," said Yerli.
"If consoles don't join free-to-play gaming aggressively from now on, then it will be outpaced by PC and mobile. If they don't adapt they are not going to survive."
For this reason Yerli applauds Sony's involvement with bringing CCP's Dust 514 to PS3.
"Sony working with CCP and making [Dust 514] is a great step forward, and they should be applauded," he said.
"If Sony embraces free-to-play as a major way for PlayStation, that could be the key console. I would love to see a generation that supports free-to-play, because we will support it."
Crytek is of course set to leave behind the traditional retail model, in favour of releasing only free-to-play titles – Homefront 2, Crysis 3 and Ryse will be the studio's final games based on the old model.
Via MCV magazine