The question arises: Are video games or movies more profitable worldwide? The answer depends on how you define the term. Video games are more complex than movies because they can provide a unique avatar experience that cannot be replicated by a film. And unlike movies, video games don’t depend on familiar actors to drive their box office success. For example, a shopper doesn’t pick up a game because of its cover star, but instead because of its gameplay.
The video game industry has become increasingly competitive. It has won seven Guinness World Records, including fastest game to hit a billion dollar sales mark. As of May 2018, Grand Theft Auto V was valued at more than $6 billion, making it the most successful entertainment product ever. The game has a longer life span and can generate three times the amount of revenue as a movie. In fact, it’s estimated that video games will be more profitable worldwide than any other industry in 2024.
In the U.S., video games were the top entertainment industry in 2008, surpassing both movies and sports. In 2020, video game revenues are expected to surpass both sports and movies combined. The biggest gain, however, will come from mobile gaming, which is expected to grow by twenty-four percent to $87.7 billion, thanks in part to the lifting of the ban on gaming consoles in China. This is an incredible amount of money. You can visit this tamilarasan to get the latest news and also find out the world update breaking news of all time on mxtube This is filmlinks4u the best web portal for you where you can get all types of news.
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