But how could Valve have made $6.5b off of their own games? They haven’t released anything in yonks have they?! Plus EA have the gacha-fication of FIFA/every other sports game franchise they own with Ultimate Team, etc.
Being a marketplace for other people’s games would probably be classified as a different type of income, specially if steam sells software that’s not games (which it does).
I’ll grant that a looot of valve’s revenue is from marketplace & steam store, and sure they sell other products but it’s a drop in the bucket vs gaming. It’s effectively a service for gamers. It’s probably not considered gaming revenue for accounting/internal politics reasons.
I would wager that if it were possible to, you’d be able to link a vast majority of valve’s revenue to the purpose of gaming. Reality vs financial reality?
According to Wikipedia, Steam made over 3 billion in 2017, but they also earn from microtransactions primarily in Dota 2 and CS:GO, which continue to be some of the most played games on Steam.
The really impressive thing about Valve is the amount of revenue they make with a relatively small head count. They have about 1/10 the number of employees as EA.
I guess this is estimated revenue through game sales, otherwise i’d think activision-blizzard(candy crush) and valve(steam cut, dota and cs micro transactions, steam market) would be higher.
And of course MS has an interest to undervalue some companies compared to sony and nintendo
Seems about right. They don’t have a complete monopoly and the industry seems to be making most of their money off micro-transactions these days instead of sales, something valve takes no cut of outside there own games. Meanwhile apple and google do have monopolies and take a cut of micro-transactions which accounts for there significantly larger revenue.
You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: [email protected]
Welcome to the largest gaming community on Lemmy! Discussion for all kinds of games. Video games, tabletop games, card games etc.
Rules
1. Submissions have to be related to games
Video games, tabletop, or otherwise. Posts not related to games will be deleted.
This community is focused on games, of all kinds. Any news item or discussion should be related to gaming in some way.
2. No bigotry or harassment, be civil
No bigotry, hardline stance. Try not to get too heated when entering into a discussion or debate.
We are here to talk and discuss about one of our passions, not fight or be exposed to hate. Posts or responses that are hateful will be deleted to keep the atmosphere good. If repeatedly violated, not only will the comment be deleted but a ban will be handed out as well. We judge each case individually.
3. No excessive self-promotion
Try to keep it to 10% self-promotion / 90% other stuff in your post history.
This is to prevent people from posting for the sole purpose of promoting their own website or social media account.
4. Stay on-topic; no memes, funny videos, giveaways, reposts, or low-effort posts
This community is mostly for discussion and news. Remember to search for the thing you’re submitting before posting to see if it’s already been posted.
We want to keep the quality of posts high. Therefore, memes, funny videos, low-effort posts and reposts are not allowed. We prohibit giveaways because we cannot be sure that the person holding the giveaway will actually do what they promise.
5. Mark Spoilers and NSFW
Make sure to mark your stuff or it may be removed.
No one wants to be spoiled. Therefore, always mark spoilers. Similarly mark NSFW, in case anyone is browsing in a public space or at work.
6. No linking to piracy
Don’t share it here, there are other places to find it. Discussion of piracy is fine.
We don’t want us moderators or the admins of lemmy.world to get in trouble for linking to piracy. Therefore, any link to piracy will be removed. Discussion of it is of course allowed.
I have to imagine Valve has a war chest they can use, if they wanted, to do some acquisitions.
I assume that’s gaming revenue not total?
Apple’s total revenue was almost $400B in 2022. I think App Store revenue was $36B. So this must be just games.
Wow mobile gaming is making bank.
Has to be. There’s no way the owners of the biggest storefront for pc gaming makes as much as EA.
Why? 30% a sale, sounds about right
But how could Valve have made $6.5b off of their own games? They haven’t released anything in yonks have they?! Plus EA have the gacha-fication of FIFA/every other sports game franchise they own with Ultimate Team, etc.
Battle passes, lootboxes, keys and whatnot.
Are you being facetious? Dota and Counter Strike make a ton of money.
Those two are surely pretty valuable. But I doubt they are, on their own, billions of dollars a year valuable.
ActiBlizion are on there, so sounds about right.
What non-gaming revenue do both EA and Valve have? Do you think that EA makes surprisingly much or Valve surprisingly little?
I think they’re trying to say that if it was total revenue, valve should have way bigger numbers
If their gaming revenue is 6.5 their total revenue is about 6.5 no?
Being a marketplace for other people’s games would probably be classified as a different type of income, specially if steam sells software that’s not games (which it does).
I’ll grant that a looot of valve’s revenue is from marketplace & steam store, and sure they sell other products but it’s a drop in the bucket vs gaming. It’s effectively a service for gamers. It’s probably not considered gaming revenue for accounting/internal politics reasons.
I would wager that if it were possible to, you’d be able to link a vast majority of valve’s revenue to the purpose of gaming. Reality vs financial reality?
According to Wikipedia, Steam made over 3 billion in 2017, but they also earn from microtransactions primarily in Dota 2 and CS:GO, which continue to be some of the most played games on Steam.
https://www.ea.com/games/library/mobile
Mobile games are huge.
But Google that high? I wouldn’t have expected as high considering Apple (another one who takes a cut of mobile gaming) isn’t.
Google isn’t that much higher and has a larger global market share.
Valve pockets 30% of almost every PC game sale by every company ever.
Honestly, I’m surprised that number isn’t higher.
The really impressive thing about Valve is the amount of revenue they make with a relatively small head count. They have about 1/10 the number of employees as EA.
What was the last game they made prior to Half-Life Alyx? Portal 2?
Nah it was that shitty dota card game.
Cs:go, dota 2, artifact and underlords i think.
I guess this is estimated revenue through game sales, otherwise i’d think activision-blizzard(candy crush) and valve(steam cut, dota and cs micro transactions, steam market) would be higher.
And of course MS has an interest to undervalue some companies compared to sony and nintendo
Seems about right. They don’t have a complete monopoly and the industry seems to be making most of their money off micro-transactions these days instead of sales, something valve takes no cut of outside there own games. Meanwhile apple and google do have monopolies and take a cut of micro-transactions which accounts for there significantly larger revenue.
deleted by creator
It might be. It’s hard to know since Valve isn’t a public company, so it’s all estimations and guesses.