Why Game Companies Stopped Making Games – How Money WorksJanuary 16, 2023
Go to https://bit.ly/3Bo4vh9 and use code HMW to get 15% off ClickUp’s massive Unlimited Plan for a year! Start reclaiming your time for less than $5 a month. Hurry offer ends soon.
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.
Edited By: Andrew Gonzales
Music Courtesy of: Epidemic Sound
Select Footage Courtesy of: Getty Images
All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind.