Red Thread Games announced today that Dreamfall Chapters will be PS4 timed "console exclusive."
The game was originally meant to be released on PC in 5 sequential episodes over the span of a year starting within the next 3 months. With today's announcement, it is clear that PS4 versions of the episodes will be released alongside the PC ones.
Episodic game format has failed with games such as Sin: Emergence which stopped after the first episode and Half Life 2 whose fans are still waiting for Episode 3 since 2007. In fact, most people believe that Valve has ditched HL2 Episode 3 in favor of a full-fledged Half-Life 3. On the other hand, episodic format has been a success in adventure games such as Telltale's The Walking Dead and The Wolf Among Us.