Updated from 8:37 a.m. to include additional information regarding HoloLens in the fifth paragraph.
NEW YORK (TheStreet) -- What's old is new again.
The 2015 Electronic Entertainment Expo (E3) kicked off Monday in Los Angeles, and the first day more than lived up to the hype. Media gatherings brought press from all over the world to downtown L.A. with announcements from Sony (SNE), Electronic Art's (EA) newest lineup of games. However, none of that could match the fervor of Microsoft (MSFT) and its Xbox One console, which is bringing retro back.
At the event, Microsoft (MSFT) made several notable announcement, the biggest being that Xbox One, its new console, will now offer backwards compatibility.
Now, Xbox gamers no longer have to see their old Xbox 360 games sitting there collecting dust. Beginning this holiday season, they can now play them on their Xbox One consoles. At the press conference, Microsoft said 100 games would come initially, with more to come as time rolls on.
Microsoft also unveiled that it's bolstering the offerings for HoloLens, its augmented reality headset. The software giant unveiled a version of Minecraft, which it purchased for $2.5 billion in late 2014, for HoloLens, allowing users to build their worlds using Microsoft's hardware. Microsoft said more information would be coming at its Minecraft conference, Minecon, slated for July 4.
In addition, Microsoft unveiled several new games, including the latest in its hit Halo franchise, Halo 5 and Fallout 4, which will be both available this holiday season. There was also the unveiling of Recore, a new franchise available exclusively for Xbox One.
As is usual for EA, it showed off an impressive array of games, leading this year with Star Wars: Battlefront, the recipient of an insane amount of user interest. The game, which will be available on Nov. 17 for PC, Xbox One and PS4, hopes to capture the massive attention being paid to Star Wars this year, as Walt Disney (DIS) brings the force back to theaters this Christmas, with Star Wars: The Force Awakens.
Judging by the reaction, Star Wars is going to be a hit of epic proportions.
Some of the other big announcements from EA include a new version of Need for Speed, which has "the richest customization ever seen" (whatever that means), a new version of Mass Effect for 2016, Mirror's Edge, which is slated for a Feb. 2016 release, and a plethora of sports games.
Madden NFL 16 will have a fantasy football mode (aren't video games fantasy football anyway?) and you can now scan your face 3D in NBA Live 16.
Last year, Sony captured more than its fair share of media attention, as it unveiled its PlayStation Vue streaming service, PlayStation TV streaming box, PlayStation Now and a plethora of new titles.
This year, Sony continued on the theme of what's old is new again, while adding to some of its announcements from last year and unveiling some new surprises for fans.
Perhaps the biggest announcement from Sony last night was that Final Fantasy VII, is getting a remake.
This sent the Internet into a tizzy, judging by some of these reactions:
FINAL FANTASY 7 HD REMAKE?!? going into hibernation until release day— Phil Lester (@AmazingPhil) June 16, 2015
Final Fantasy 7 remake on PS4.... That's the best news of the summer!— Daniel Cowan (@thedanielcowan) June 16, 2015
I can't help but feel Xbox Ones are going to be traded in on a mass scale for PS4's now that Final Fantasy 7 has had its remake announced.— Substatic (@SubstaticUK) June 16, 2015
Some of the other major announcements include a release (finally!) of The Last Guardian after years of speculation. There's also the launch of Horizon: Zero Dawn, Hitman, Street Fighter V, No Man's Sky, and a few other games, including an expansion of Destiny, with The Taken King.
There's also the big news that PlayStation Vue, which is being priced at $49.99 to $69.99 a month, is expanding into San Francisco and Los Angeles. It's also going to let users subscriber to channels a la carte, instead of buying packages. Showtime, Machinima and Fox Soccer Channel are the channels that will initially be available a la carte.
Sony also gave a little news on Project Morpheus, the PlayStation-based virtual reality headset that's due out next year. It said it hopes VR will be social, but unfortunately, didn't expand upon that.