Union membership numbers in the UK have risen significantly, following a tumultuous period in the video game industry (which still continues today).
09.01.2024 - 23:45 / videogameschronicle.com
Annual UK video game sales fell behind film revenues last year for the first time since 2012.
The combined value of the UK video, games and music markets rose for the eleventh successive year in 2023, up 7% to all-time record of £11.9 billion, according to preliminary figures released today by the Entertainment Retailers Association (ERA).
Game sales, which include software, subscriptions and token-based playing mechanisms, have now doubled over the past decade. They grew 2.9% year-over-year to reach £4,736.7 million in 2023.
Digital software sales accounted for 88% of annual games revenues, compared to 87% a year earlier.
EA Sports FC 24 was the year’s best-selling console game, shifting around 2.39 million copies. Despite dropping the FIFA branding this year, EA’s title sold in “almost identical quantities to its predecessor”, according to the ERA.
Video revenues grew 10% year-over-year to £4,915.1 million in 2023, driven primarily by streaming video on demand services like Prime Video, Netflix, Disney+ and Now TV.
UK spending on music streaming subscriptions, vinyl and CDs was also up 9.6% last year to £2,219.9 million, which was just 0.08% shy of record annual sales generated in 2001.
“2023 marked a dramatic return to the top for video, finally ending games’s decade-long run as entertainment’s largest sector,” said ERA CEO Kim Bayley.
“For a long time the only way to enjoy video digitally was illegally. Streaming changed all that and has transformed not just the viewing habits of tens of millions, but the fortunes of the entire movie and TV business.”
She added: “Gaming is the most digitally native sector of the entertainment business and in 2023 it continued to show its ability to connect with people across every channel and demographic.
“A maturing market brings its own challenges, but at more than twice the size of the music market, games remains a leviathan.”
Union membership numbers in the UK have risen significantly, following a tumultuous period in the video game industry (which still continues today).
Membership to the Game Workers branch of the IWGB union went up by 'almost half' between December 2022 and December 2023.
can make up for the worst combat sin committed by its predecessor — and no, it's not the turn-based combat. The previous game in the series,, served as a soft reboot for the long-running RPG franchise. It transitioned from the original English series title,, to a direct translation of its Japanese title,. It introduced a new protagonist, the shaggy-haired, -loving Ichiban Kasuga. And, perhaps most divisively, it replaced the series' classic brawler combat with a turn-based system, heavily inspired by RPGs of yore.
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Polish video game developer and publisher CI Games has laid off 10 percent of its staff.
Game maker Take-Two Interactive has filed a lawsuit against Max Payne maker Remedy Entertainment, citing copyright infringement. Take-Two claims that Remedy Entertainment’s «R» Remedy logo is too similar to Rockstar’s «R» logo.
Update 17/01 – It has now been confirmed that UK retail chain Game will be phasing out trade ins and pre-owned game sales through the next few months as the company is tied more deeply with the rest of the Frasers Group.
Alright, alright, they're in a disupte over the letter R as used for a logo for a video game company. As spotted by Respawn First, Remedy (they of the Alan Wake) revealed their new logo last year, a big letter R, and Take-Two (they of the owning Rockstar Games) contest it. Rockstar's logo is also a big letter R, although I think they're pretty different Rs.
Eurogamer are reporting that UK high street retailer GAME is to end it’s video game trade in program next month on 16th February. All remaining pre-owned games will continued to be sold until they are gone.
182 million PC and console games were sold across Europe in 2023, a rise of 1.7% over the year before.
UK retailer GAME will reportedly stop taking used games, in a move that might be followed around the world.
In April last year, Remedy Entertainment revealed a brand-new logo for itself, prominently displaying the letter “R” in stylized fashion as the developer sought to “update and redefine its visual identity”. Of course, when you think of a developer that has the letter R as its logo, you instantly think of Rockstar Games. Unsurprisingly, the GTA developer’s parent company Take-Two Interactive is keenly aware of the similarities between the two studios’ logo, and is none too pleased about them.