One new company called Ouya (pronounced ooh-ya) proposes to take on big companies like Microsoft, Nintendo, and Sony. The Los Angeles start-up wants to develop a console that offers "free" games popular on smartphones and tablets and bring them to the big screen.
Ouya is trying to raise money through Kickstarter. Kickstarter is a site that lets people pledge money on various projects. Ouya needs to raise around $950,000 to get going. Among the investors include Jay Adelson the founder of Digg, Hosain Rahman the founder of Jawbone and Joe Greenstein the founder of Flixster.