Thursday, June 30, 2011

The video game industry

It's amazing how large the video game industry is growing. I remember our Atari back in the 80s, and then in the 90s I had a Sega Genesis. But for some reason, a lot of people view the video game industry as this small piece of the entertainment sector that will never really amount to much. But these people don't realize just how large the video game industry is.

For an example, let's take the company Lucas Film. They are responsible for the 6 Star Wars films. Ever heard of them? By ANY measure you can come up with, the 6 Star Wars movies are some of the most successful movies of all time. Several of the 6 movies are in the all time top 10 highest grossing films, and all 6 are probably in the top 25 highest grossing films of all times. Well I read a statistic several years ago that said Lucas Film made about 2 billion dollars on the 6 Star Wars films.

Now, to put the video game industry into perspective - Lucas Arts, which is George Lucas' video game company, has made well over 10 billion dollars selling video games! So if you take 6 of the highest grossing films of all times, one video game company has exceeded that amount at least 5 times over.

Hopefully this helps you to realize just how large the video game industry is.

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