https://padlet.com/hannah_brownridge/ib6mtfplejwk I will be exploring the costs of making a video game and the profit of video games. Some related things I would also like to look into is how much money people who work in the industry make. another topic I plan to look into is the markup for consumers on video games. Generally I want to see what the industry is really like finically. en-us 2019-05-01 16:42:02 UTC 2024-07-22 11:10:31 UTC hello@padlet.com https://imgglb.padletcdn.com/v13/image?t=g_auto&url=https%3A%2F%2Fpadlet.net%2Ficons%2Fpng%2F1f3ae.png hannah_brownridge https://padlet.com/hannah_brownridge/ib6mtfplejwk/wish/356277068 The most expensive video game to make was "Grand Theft Auto V" at a crazy amount of 256 million dollars. It costed about 137 million to develop and 128 million to market. But it was worth it considering the game has made around a billion dollars and still is making more. ]]> 2019-05-02 16:07:34 UTC https://padlet.com/hannah_brownridge/ib6mtfplejwk/wish/356277068 hannah_brownridge https://padlet.com/hannah_brownridge/ib6mtfplejwk/wish/356284296 It is hard to say a specific price because budgets vary so much. An
estimated range is about $20-$60 million for top selling Xbox 360 and PS3 games. But these prices only include the development. ]]> 2019-05-02 16:20:57 UTC https://padlet.com/hannah_brownridge/ib6mtfplejwk/wish/356284296 hannah_brownridge https://padlet.com/hannah_brownridge/ib6mtfplejwk/wish/356291967 The average game designer in Canada will make around $75 000. starting wages may be about $39 000 and experienced wages could be up to $105 000. 
For detailed specific information about income click link.]]> 2019-05-02 16:36:50 UTC https://padlet.com/hannah_brownridge/ib6mtfplejwk/wish/356291967 hannah_brownridge https://padlet.com/hannah_brownridge/ib6mtfplejwk/wish/356295935 Some gamers have YouTube channels about them playing the games. Successful channels can make around $140 000 to $1.4 million. This is an example of a successful you tube gamer.


]]> 2019-05-02 16:44:36 UTC https://padlet.com/hannah_brownridge/ib6mtfplejwk/wish/356295935 hannah_brownridge https://padlet.com/hannah_brownridge/ib6mtfplejwk/wish/356665906 The average video game is $60 and about $27 of that actually goes to the company for making the game. $15 goes to the making and $12 goes to marketing. ]]> 2019-05-03 16:13:30 UTC https://padlet.com/hannah_brownridge/ib6mtfplejwk/wish/356665906 hannah_brownridge https://padlet.com/hannah_brownridge/ib6mtfplejwk/wish/356674772 Fortnite has 125 million players and made about 2.4 billion dollars in revenue since it was released in 2017. The game was excepted to generate over 2 million dollars by the end of 2018 and thats was met making it the top grosssing game to play despite the fact it is free on iTunes. that being said the company has done a great job of up-selling the game with additional purchases being available.]]> 2019-05-03 16:35:29 UTC https://padlet.com/hannah_brownridge/ib6mtfplejwk/wish/356674772 hannah_brownridge https://padlet.com/hannah_brownridge/ib6mtfplejwk/wish/356681078 To become a video game programer who makes around $102 000, a bachelors degree in computer science, software engineering or a related program is the minimum requirement. Masters degrees and internships during or after university or almost always required as-well. There are many skills such as knowing program languages that are also needed. If you did this at the University of Regina this would cost you around $42,461.50.]]> 2019-05-03 16:48:46 UTC https://padlet.com/hannah_brownridge/ib6mtfplejwk/wish/356681078 hannah_brownridge https://padlet.com/hannah_brownridge/ib6mtfplejwk/wish/357284413 A video game franchise is not about a specific game itself but about the general profit of everything to do with the game. The highest grossing video game franchise is pokemon, with an estimated lifetime revenue of $90 billion as of 2019.]]> 2019-05-06 16:53:45 UTC https://padlet.com/hannah_brownridge/ib6mtfplejwk/wish/357284413 hannah_brownridge https://padlet.com/hannah_brownridge/ib6mtfplejwk/wish/357290916 The first video games were coin operated games and came out around 1963. Pong came out in 1972 so still early in the industry. The coin operate game made about US$35-$40 which was a lot and not like any other game at the time. They sold machines at three times the cost of making them and by 1974 had sold 8000 units. this video shows the developer Ralph during the development process. ]]> 2019-05-06 17:05:37 UTC https://padlet.com/hannah_brownridge/ib6mtfplejwk/wish/357290916 hannah_brownridge https://padlet.com/hannah_brownridge/ib6mtfplejwk/wish/357297422 One of lowest rated video games ever made was 50 cent's bulletproof released in 2005 at the peek of his rap career. this version of his game sold 1/12 the copies his first released game did. ]]> 2019-05-06 17:18:56 UTC https://padlet.com/hannah_brownridge/ib6mtfplejwk/wish/357297422