Não consigo rodar o Babel

Ao dar o comando npm run start:dev ele gera o seguinte erro:

ERROR in ./src/js/main.js
Module build failed: Error: The node API for `babel` has been moved to `babel-core`.
    at Object.<anonymous> (C:\Users\wellington.gallo\Desktop\TodoList\node_modules\babel\index.js:1:69)
    at Module._compile (module.js:570:32)
    at Object.Module._extensions..js (module.js:579:10)
    at Module.load (module.js:487:32)
    at tryModuleLoad (module.js:446:12)
    at Function.Module._load (module.js:438:3)
    at Module.require (module.js:497:17)
    at require (internal/module.js:20:19)
    at loadLoader (C:\Users\wellington.gallo\Desktop\TodoList\node_modules\loader-runner\lib\loadLoader.js:13:17)
    at iteratePitchingLoaders (C:\Users\wellington.gallo\Desktop\TodoList\node_modules\loader-runner\lib\LoaderRunner.js:169:2)
 @ multi (webpack)-dev-server/client?http://localhost:9000 babel-polyfill ./src/js/main

Qual seria a solução?