The gaming industry is big, bigger than ever. What was worth US $9.5 billion in 2007 will hit US $91.5 billion this year, which is an approximate 965% growth in 8 years; to add, it is expected to hit the US $107 billion mark by 2017. The industry is finally starting to get recognized by a wide range of age groups; the graphics are getting better, the Esports (competitive gaming) competitions are getting bigger, and the prizes are getting even bigger, in millions in some competitions.
In short, the whole gaming community is growing rapidly and there’s no stopping this train; now with a growing demand this big, the developers are working their bottoms off everyday to get a piece of this enormous pie that is the Gaming industry.
Now, we all know nothing comes free, in fact, it takes money, A LOT of money to make some noise in the industry and the big game companies know it; which is why they’re throwing money left and right from development to marketing, only to appease the gamers of today.
Now if you’re wondering what kind of a budget making a top class AAA title takes: read on. We have compiled a list of the top 5 games with the biggest budgets in the video game industry.
5 – Final Fantasy VII [US $145 Million]
Final fantasy VII is the 7th AND the biggest installment in the series as it also has the biggest budget in addition to selling the most copies in the series. Being the first game from the series to be made in 3D for the Playstation; it was a great deal back then; with a developing budget of US $45 Million and marketing budget of US $100 Million, surely it was money well spent.
4 – Star Wars: The Old Republic [estimated to be around US $175 Million]
Developed by BioWare, Star Wars: The Old Republic was announced on 2008 and finally released in 2011 3 years later. The MMORPG was very well received by the fans and the critiques; it later went on to become the fastest growing MMO after receiving 1 million subscribers in 3 days.
3 – Call of Duty – Modern Warfare 2 [US $200 Million]
Call of Duty – Modern Warfare 2, developed by Infinity Ward doesn’t need an introduction; the series has become so well Known in the past few years that every prepubescent Kid Knows about it. Anyway, Call of Duty Modern Warfare 2 sold 4.7 million copies in its initial 24 hours maKing a total revenue of US $310 million from US and UK combined, thus becoming the biggest entertainment launch in the history at the time. Although the development of the game only US $50 million, the marKeting budget of the game was a whopping US $150 million, which was again, money well spent.
2 – Grand Theft Auto V [US $265 Million]
Grand Theft Auto V is definitely the most hyped installment in the series; when RocKstar Games initially started releasing trailers for GTA V people went completely batsh*t crazy over it. The hype was real (or unreal, you could say); which helped GTA V generate more than US $800 million revenue in its first 24 hours and later beating the fastest-selling entertainment product in history by garnering US $1 billion in sales.
1 – Destiny [US$ 500 Million]
Destiny, developed by Bungie and published by Activision. While the Chief Executive Officer of Activision, Bobby Kotick claimed to have invested US $500 million in the sci-fi shooter; Bungie demolished the claims saying, “For marketing you’d have to ask Activision people, but for development costs, not anything close to $500 million” and later Bungie’s Chief Operating Officer, Pete Parsons was quoted saying “I think that speaks a lot more to the long-term investment that we’re making in the future of the product.”
And we conclude the list with that. Happy gaming, people!