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Video game industry. The video game industry is the tertiary and quaternary sectors of the entertainment industry that specialize in the development, marketing, distribution, monetization and consumer feedback of video games. The industry encompasses dozens of job disciplines and thousands of jobs worldwide.
Sony Interactive Entertainment is the world's largest video game company, followed by Tencent and Microsoft Gaming. [1] [2] Among the 50 largest video game companies, thirteen are based in the United States , ten in Japan , six each in South Korea and China , four each in France and Sweden , and one each in Israel , Poland , Ireland , Canada ...
Gaming startups raised $2 billion last year, according to a report from video game-focused VC Konvoy Ventures. 2023’s total was down significantly from 2021, $9.9 billion, and 2022, $6.7 billion ...
Electronic Arts was one of the first video game companies to institute significant layoffs this year, with a reduction of 6 percent of its workforce, or about 800 employees, in March.
Defunct video game companies of the United States (13 C, 385 P) Video game companies based in California (5 C, 95 P) Video game companies based in Florida (1 P)
An estimated 9,000 people lost their jobs in the video game industry this year, up from about 1,000 in 2022. This is a crisis level of loss, and it was spurred by over-eager acquisition sprees by ...
In terms of social impact, video games are an established powerful segment of the art and entertainment landscape. In 2023, the state of the video game market is big and getting bigger.
Activision Blizzard is the company that makes and owns some of the most popular video games in the industry, including Call of Duty, Overwatch, World of Warcraft, Crash Bandicoot, Hearthstone, Candy Crush, and Diablo. Microsoft announced its intent to acquire Activision Blizzard for $68.7 billion on January 18, 2022.