Gaming Is Bigger Than You Think.. And Its Growing!
Description
Happy Labor Day Weekend for our American listeners! We hope you have a long and restful weekend!
We're revisiting some of our episode favorites - and for this week - we're doing the gaming industry!
In the last decade, the gaming industry has been smashing Hollywood’s earnings out of the park! Just in 2021, the Global “Games Market” had a whopping $180BN in revenue. In fact, Gaming is bigger than Hollywood and the music industry combined.
Top games are earning more than the big blockbusters. The top sellers include Grand Theft Auto V, Red Dead Redemption Two, Fall Out 4 and the Call of Duty franchise. Looking into the numbers... The Grand Theft Auto V game has raked in more than $6BN, according to Marketwatch. Compare that to Avatar, the highest grossing movie ever at $2.8BN.
As a result, Video game companies have become hot commodities and @thingshavechangedpod we break down the feeding frenzy that has taken over the gaming industry!
Links:
Gaming Makes More Money than Movies!Gaming is the new Big Tech battlegroundMicrosoft, Sony acquisitions are just the start of massive video game industry consolidation
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