Write what you are looking for and press enter to begin your search!

Logo
live-news-icon

Live News

Honkai Star Rail Version 2.2 Slated For Early May: In an intense match, the Lone Wolves came out victorious. Read all about the big night here // Indie Devs Pledge 300 Games To Support Palestine Children's Relief Fund: In an intense match, the Lone Wolves came out victorious. Read all about the big night here // Hunter X Hunter Nen X Impact Release First Official Trailer: In an intense match, the Lone Wolves came out victorious. Read all about the big night here
post-16 post-13

Gaming Is Now Worth More Than Film and Music Combined

Gamers and developers have long cited gaming as one of the entertainment industries with the biggest potential. Now we have the numbers and statistics to back that up, as the video games market is currently worth a whopping £3.864 billion (or roughly RM20.103 billion), making it larger in value than both film and music combined.

According to the Entertainment Retailers Association (ERA) (via Sky News), three games in 2018 managed to sell more than one million units in the UK alone. These titles were FIFA 19, Red Dead Redemption 2, and Call of Duty Black Ops 4.

Despite physical retail sales actually decreasing by 2.8% in 2018, the games industry still comprises approximately 51.3% of the total entertainment market. That basically means that around half of the world’s entertainment is now being dominated by gaming.

ERA CEO Kim Bayley attributes the games industry’s huge growth to the fact that it took advantage of the digital format to offer “new and compelling forms of entertainment.” Gaming has always adopted the latest tech faster than any other entertainment medium, often trailblazing the way for movies, TV, and music to catch up.

The most recent example of this would have to be Netflix’s grand experiment in releasing Black Mirror Bandersnatch. It took the world by storm, introducing non-gamers to the branching narratives of the interactive choose-your-own-adventure platform.

In other related news, esports viewership numbers are also set to overtake traditional sports like basketball and football by 2022. It has already surpassed that of baseball and hockey, so it’s only going to get even bigger from now on.


 

Related News

post-07
Check Out These Sweet Cosplay Works At Japan Expo Thailand 2020

As the world grapples with the unprecedented COVID-19 pandemic, social gatherings are being minimized and events are being cancelled one after the oth...

post-07
The New Spider-Man: Across The Spider-Verse Trailer Will Blow Your Mind

Sony Pictures has released the latest Spider-Man: Across The Spider-Verse trailer, which is the upcoming sequel to the much-lauded Spider-Man: Into Th...

post-07
Dell & Alienware Switches It Up With New Handheld PC Prototype

Imitation is the sincerest form of flattery. Such is the case of PC-making company Dell and Alienware who are happily fluffing up Nintendo with their ...

Write a comment

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

Comment(1)

  1. Jumlah Pendapatan Untuk Siri Call of Duty Melebihi MCU dan 2 Kali Ganda Berbanding Star Wars

    January 11, 2019 at 10:31 pm

    […] bukanlah satu perkara yang mengejutkan, seperti rakan kami di Kakuchopurei melaporkan yang nilai industri permainan video melebihi nilai gabungan industri filem dan muzik. Tambahan, harga permainan video jauh lebih tinggi berbanding harga tiket wayang. Namun ia masih […]

Tournament Tool Kit

Kakuchopurei Community