There's no money in success (Gaming)

by Cody Miller @, Music of the Spheres - Never Forgot, Monday, June 19, 2023, 14:08 (308 days ago) @ Avateur

I saw this today, and it sure was interesting: https://kotaku.com/xbox-ps5-switch-console-pc-revenue-profits-2022-1850552857

Still, traditional gaming alone still beat U.S. movie box office revenue by almost three times. At $5.99 billion, movies are now dwarfed by gaming. The U.S. film industry is currently valued at $25.8 billion, making it worth less than half as much as the games industry.

So it looks like “traditional” gaming is still massively profitable. It’s just that in game advertising and microtransactions are ludicrously profitable.

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