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The video game industry is the tertiary and quaternary sectors of the entertainment industry that specialize in the development, marketing, distribution, monetization, and consumer feedback of video games. The industry encompasses dozens of job disciplines and thousands of jobs worldwide. [1] The video game industry has grown from niche to ...
The video game industry layoffs are a part of the broader tech industry layoffs that began in 2023; [20] many such layoffs have been attributed to artificial intelligence, [21] although increased interest rates, reduced demand from consumers and excessive hiring during the COVID-19 pandemic have also been cited as causes.
This is a listing of largest video game publishers and developers ranked by reported revenue. Sony Interactive Entertainment is the world's largest video game company, followed by Tencent and Microsoft Gaming. [1] Of the 66 largest video game companies, 15 are based in the United States, 11 in Japan, 8 in South Korea, and 7 in China.
It would just be nice if the AAA industry's creativity would grow alongside its market cap. For all the latest video game news, stay tuned to engadget.com and subscribe to the Engadget YouTube ...
Video game stocks are set to surge in 2025 amid a slew of major releases, says Ned Davis Research. Grand Theft Auto VI and the Nintendo Switch 2 are expected to drive sales growth for the industry.
Following 2024’s massive wave of layoffs across the video game industry, one in 10 developers say they were among those cut from AAA studios and indie outlets alike. According to the the Game ...
The American video game industry is the largest video game industry in the world. According to a 2020 study released by the Entertainment Software Association, the yearly economic output of the American video game industry in 2019 was $90.3 billion, supporting over 429,000 American jobs. With an average yearly salary of about $121,000, the ...
The layoffs hitting the gaming industry are largely the result of a handful of trends coalescing. The chief overarching issue comes down to publishers and developers overspending throughout 2021 ...