Nintendo Switch to be released on 3 March, will cost £279.99

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The presentation reveals the price, launch date, and games lineup of the Switch, along with plenty of new specs and details, but we don't want to spoil them here before you watch it.

Among other original titles coming to Switch are Splatoon 2, robotic, extendable arm boxing game ARMS and Mario Kart 8 Deluxe. Until now, Nintendo has never required a fee for playing online, but with the introduction of the Nintendo Switch, the gaming giant is adding its own monthly online service. Nintendo says that it hopes the new app can help parents and their kids "enjoy gaming together".

The new console "will change the way people play video games", Nintendo President Tatsumi Kimishima said at a presentation held in Tokyo.

What is the Nintendo Switch? . You can manage Nintendo eShop purchases, limit sharing on social networks, restrict access to games based on their ESRB ratings, and more. The Joy-Con controllers resemble mini Wii remotes, and include most of the functionality including motion control. When you detach it from the console, it turns into not just one but two controllers. Sailors? It's not clear, but apparently it's a collection of minigames that don't require watching the screen to play.

The Nintendo Switch Online Service will allow players to play compatible co-op and competitive games online with a Nintendo Account, and similar to other online services, offer a free monthly game download to subscribers.

The Nintendo Switch comes out March 3 and should cost about $300. However, this feature does not really have an ETA right now. Thursday night, we got our first extended look at the new Mario game, Super Mario Odyssey.

The Switch can be hooked up to a TV using an HDMI cable or played like a handheld device.

The eagerly-awaited console could be make-or-break for Nintendo after its last release, the Wii-U, flopped and failed to replicate the success of its predecessor.