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The $400 million line shows how far some random guy’s unverified opinion can go.
It absolutely didn’t cost more than GTA 5.
$400M has been refuted by several sources at this point, but there are lots of ways to have spent more than GTA V given that it was developed in a very different era than Concord was. The first handful of Halo games, including those on 360, were some of the biggest games of their day, and they’d all be considered quite cheap by today’s standards.
$400M, $200M, whatever. Sony lost a crap ton of money. They had to pay staff for a game that was in development for 8 years and they had close to 1000 people on payroll for it at one point.
It definitely cost more than GTA V. I mean, Genshin Impact has a dev cost of over ~$700M and that game was in development for only 3 years, and has been actively developed after release for 4 years. Thats ~$100M per year. Cyberpunk 2077 began development in 2013 and when it released 7 years later in 2020 had a development cost of ~$350M. Concord being in development for 8 years and costing less than $400M would almost be absurd.
Another falsehood being repeated is that it was in development for 8 years. It wasn’t. 8 years ago it was an idea.
The actual development is around 4 years.