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Top image by Freepik The games industry has been one of the most resilient and profitable sectors in the entertainment industry. According to Newzoo’s PC & Console Gaming Report , the PC and console market still outperformed previous forecasts despite a slight decline of revenue (-2,2% year over year) in 2022.
PlayStation has agreed to acquire Firewalk Studios, the AAA multiplayer developer that is working on a live service game for PS5 and PC. Firewalk was set-up in 2018 as part of ProbablyMonsters (a collective of AAA game developers).
With the rise of the gaming industry, two distinct categories of games have emerged: AAA games and mobile games. As a result, mobile gaming is pushed aside in favor of AAA titles, which have their own position in the market. Now, when you think about high-end games, you think about AAA. Can Mobile Games Be AAA?
They say imitation is a form of flattery, and there’s no shortage of mobile games that share a striking similarity with other popular titles in the PC, console and mobile markets. Fall Guys became an overnight hit shortly after its release in August 2020 on PC and PS4. Why isn’t there a mobile version of Fall Guys?
Her writing credits include 1999 Independent Games Festival winner Terminus and the PC RPG of the Year, The Witcher, for which she was nominated for a 2007 Writers Guild Award in Videogame Writing. Juliana Loh Juliana Loh is an independent Producer/Artist whose background includes branded entertainment, UX and art direction.
Her writing credits include 1999 Independent Games Festival winner Terminus and the PC RPG of the Year, The Witcher, for which she was nominated for a 2007 Writers Guild Award in Videogame Writing. Juliana Loh Juliana Loh is an independent Producer/Artist whose background includes branded entertainment, UX and art direction.
” Mobile growth KAP Games is planning to offer PC client downloads for games, but at the moment, the most significant growth is happening in the mobile space. I’m talking about using NFTs across gaming and real world entertainment, like ticketing or theme park scenarios.”
If market trends, especially on PC and Console, are something you want to hear more about, I highly suggest you check out my conversation with Newzoo’s Head of Consulting, Ben Porter below. Most AAA simply cannot afford the team sizes of today. This is a signal of future adaptation that is further enhances with adaptation of AI.
It became a staple device for family entertainment and gaming on the go. However, with the success of the Nintendo Switch, and the rise of the handheld PC market giving birth to devices like the SteamDeck and ROG Ally, we can be hopeful for the return of prominent handheld consoles.
Budgets for AAA console games could be more like $20M-$50M (notwithstanding Activision’s $200M+ budgets for Call of Duty although also including marketing and distribution). There’s certainly a reason Roblox has managed consistent and steady growth and continues to not only dominate on PC and console but also on mobile platforms as well.
Although most of them come from the F2P mobile sector, the industry has observed professionals transitioning from the PC/console space to focus on developing AAA-quality blockchain games. For example, Gala Games acquired Ember Entertainment at the beginning of 2023 in order to bring Ember’s portfolio onto their platform.
Compared to more demanding models that may monetize much more, but also risk burning their players because regular people simply can’t spend $500+ in a game per month before they consider if there aren’t better ways to spend their moment on entertainment. Some of those games are cross-played with PC and Console.
It was founded by a group of seasoned developers who were instrumental in the success of several AAA franchises including The Witcher 3, Cyberpunk 2077 and, Dying Light. The team found the novel The Invincible to be the perfect hook for their studio’s philosophy: creating meaningful experiences in high quality PC and console games.
Torchlight Infinite by XD Entertainment. Torchlight Inifinite is an ARPG (action roleplaying game), and the fourth title in the series made by XD Entertainment. It’s tricky taking any game from PC and Console to mobile. It’s obviously simplified (they only released 10 legends on mobile, compared to the 20+ on console and PC).
You should be fine as a player to be in that situation since you traded money for entertainment value just like any other game. On the other hand, they might want to sell them simply because they got bored and don’t want to continue playing it even if it means being net negative monetarily.
Most of the games on blockchain run either on browser or PC. year-on-year increase in net revenue Eschatology Entertainment raises $4m in seed funding Immersive Gamebox raises $20 million, receives new patent Behold Ventures becomes Sweden’s largest venture capital firm with $25.9 to $184.4B
Instead, we believe that it’s the native hybridcasul developers, such as Habby and Lightheart Entertainment that will emerge as the winner. the surprise announcement of Counterstrike 2, CCP's massive raise for a AAA Web3 game and more. Written by Craig Chapple , a games industry analyst, and a part-time journalist ?️
We can say with more confidence than ever that gaming is at the heart of media and entertainment. Moving into work-from-home setups, especially for the console’s many massive AAA titles, further hamstrung the majority of the studios. The report describes that AAA games released on modern platforms cost $200 million or more to produce.
But when you think about the AAA catalogs offered by Xbox Game Pass and Playstation Now, this just seems like a nearly impossible battle to take on for a streaming media company with little game development experience, no matter how flush with cash they are. These games could be a console, pc, or mobile. They could be all of the above.
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