Why Game Companies Stopped Making Games - How Money Works | How Money Works
How Money Works
Intro
This chapter delves into the transformative journey of the video game industry, showcasing its remarkable financial growth that outpaces both film and music. It traces the shift in perception from viewing video games as simple toys to recognizing their profound influence on modern entertainment.
Why Game Companies Stopped Making Games - How Money Works
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Today the video game industry is worth more than the movie and music industry combined, and the companies that make these games are some of the most valuable businesses in the world.
The only thing is, they don’t really make video games anymore.
Movie studios are pumping out record numbers of big budget movies which are being viewed by more people on more platforms, but video game studios are doing the opposite.
Rock star, the creators of the infamous Grand Theft Auto series used to release a new game every 4 months on average. But as of mid-2022 their latest game is now almost 4 years old, and there is no news of any new releases coming soon.
#gameindustry #HowMoneyWorks
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Edited By: Andrew Gonzales
Music Courtesy of: Epidemic Sound
Select Footage Courtesy of: Getty Images
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