July 02, 2005
Is the Game Industry Really Bigger than the Film Industry?
Once a niche market and considered by some as a curiosity in the mid-1970s, the video game industry now takes in USD$10 billion per year worldwide. Contrary to the popular belief, the video game industry is not bigger than Hollywood. The film industry as a whole makes $180 billion per year, while book publishing makes $23 billion per year. (From Wikipedia)
The claim that the video game industry has surpassed the film industry has been made a lot in recent years. I'm not sure I buy it. I have heard reports that the game industry bloats their numbers by including console sales, while the film industry only counts the box office. If the two industries went head-to-head comparing everything specifically related to them (including motion picture cameras, projectors, DVD players, etc. on the one hand vs. consoles, high-end graphic cards, etc. on the other), I wonder which would truly come out on top. Anyone got hard numbers they want to show me?
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