It recently became the highest-grossing entertainment product of all time, surpassing every movie, book, and music album. Grand Theft Auto V is one of the most popular games of all time. There’s also a little franchise called Grand Theft Auto from Rockstar Games. But it gained almost 10 million players in the first few months after launch. ![]() Activision Blizzard’s 2014 sci-fi game Destiny famously cost $500 million to make. Like movies, video games can have astronomical development costs. If it were a fight, it wouldn’t be a fair one: For the past 10 years, the video game industry has earned more money than Hollywood and the music industry combined. Some like to perceive the video game industry vs movie industry duel as some sort of a war, but in reality detente has allowed the two to find common ground. ![]() Neither music nor the movie industry is the biggest when it comes to entertainment. Huge diversity, accessibility, and, for some of them, an affordable price point of zero dollars mean that each day more and more people become gamers. The video game industry’s revenue was set to surpass $152 billion in 2019, absolutely crushing previous records. It’s extremely rare to find a person that never played a video game.Īmid all the joysticks and avatars, it’s hard to remember that gaming is also a massive industry. Video games have carved their way into our daily lives. ![]() But we can all agree that they’re just pure fun. ![]() “Video games are bad for you? That's what they said about rock ‘n’ roll.” - Shigeru Miyamoto, Nintendo
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