The Video Game Industry vs The Movie Industry

The video game industry has been around for decades, but it’s only in recent years that it has started to rival the movie industry. In fact, while movies are a $38 billion dollar business and television is a $75 billion dollar business worldwide, the video game industry will be worth over $100 billion by 2020! And this doesn’t even take into account all of the people who play games without spending money on them.

The revenues for video games dwarfs those of music and movies:

And that was in 2011 when the numbers were much smaller! According to one analyst’s report, the estimated value of a game depends on how much you spend playing it. The revenues for TV and movie watch parties are not comparable. Yet, while television and movie executives have been complaining about piracy rates, they haven’t lost money yet. Video game executives have been struggling with piracy rates for more than a decade now.

It is clear that the video game industry is a global powerhouse that is only just now coming into its own as it continues to grow larger every year. As this change takes place, many will be wondering why the two industries have taken such different paths in the first place.

This is a prime example of how the video game industry has surpassed what was thought just a few years ago.

It’s not that the movie industry is doing poorly, it’s just that the video game industry is becoming more popular and influential every day. It’s not just revenues that are making the difference: video games are being played by more and more people in more countries than movies or television shows will ever be able to match. The penetration of fast networks has only recently reached the point at which streaming games services are feasible. This has led to an explosion of new customers for video games who can enjoy their favorite titles without having to download or buy them outright. We’ll have to wait and see how this trend continues, but it seems like the video game industry has a very rosy future.

The Video Game Industry vs Movie Industry: It’s not that the movie industry is doing poorly, it’s just that the video game industry is becoming more popular and influential every day. It’s not just revenues that are making the difference: video games are being played by more and more people in more countries than movies or television shows will ever be able to match.

Leave a Reply

Your email address will not be published. Required fields are marked *