The Red Ring of Death's billion dollar climax, Blizzavision, and year two of Wii Shortages were all bested for GameDaily's biggest story of the year by the gigglebucks of cash the video game industry made in 2007. Not just Nintendo, but everyone (except Atari), rolled in the sweet smell of dollars, pounds, euros, and yen this year. We already know the UK is breaking records, but leading up to November's NPD numbers, the US video game industry is up 50% to $13.2 billion, with guesstimates saying it'll cash-out around $18 billion by year's end. That $18 billion would also be NPD-tracked numbers and would not account for online subscriptions, casual games, micro-transactions and other incidentals. The video game industry is slowly catching up to the film industry and surpassing the music industry.
If you're looking for a refresher on 2007, GameDaily covers most of the major incidents from the big Take-Two CEO ousting in March to recent incidents like Gerstmanngate. It's definitely worth checking out all the things that made this a crazy and profitable 2007.
Read - The 20 Biggest Stories That Rocked Our World in '07 (part 1)
Read - The 20 Biggest Stories That Rocked Our World in '07 (part 2)
Reader Comments (22)
Posted: Dec 21st 2007 5:39PM (Unverified) said
Into the development of the next "It Prints Money!" picture I'm guessing
Reply
Posted: Dec 21st 2007 5:33PM (Unverified) said
Ducktales Awoo ooh! Siril Snear would also be a good candidate for loaning manufacturing space although there are reports of Racoons foiling such business opertunities
Reply
Posted: Dec 21st 2007 5:58PM LaughingTarget said
I await the day that a Dr. Evil reference will work with the game industry.
One hundred...BILLION dollars!
That won't happen in my lifetime...
Reply
One hundred...BILLION dollars!
That won't happen in my lifetime...
Posted: Dec 21st 2007 6:01PM (Unverified) said
we could use a "one meellion dollars!" pic to show activision being a bitch to harmonix this week...
Reply
Posted: Dec 21st 2007 7:31PM (Unverified) said
well really they're just being bitches to people who already bought gh3 or were thinking about it...which would be their own customers
once bitten, twice shy
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once bitten, twice shy
Posted: Dec 21st 2007 6:13PM FredFredrickson said
Man... when are they gonna release Ducktales Season 3?
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Posted: Dec 21st 2007 6:17PM (Unverified) said
By the way: Anyone remember Rubang B.?
I use to like his posts.
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I use to like his posts.
Posted: Dec 21st 2007 6:26PM Anticrawl said
Yes Rubang was a cool guy and Vlad has always been the biggest dick. Got my account banned because I simply didn't agree with something he said, wasn't anything irrational or angry. I haven't seen him around here in a while, kinda ducked outta the whole Joystiq(and sister sites) scene when he was a big contributer.
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Posted: Dec 21st 2007 6:28PM (Unverified) said
Yes... I remember Vlad...
He was the biggest dick blogger.
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He was the biggest dick blogger.
Posted: Dec 21st 2007 7:20PM Mr Khan said
Damn
People on VGChartz sure like to hate on joystiq
Rubang was awesome though, willing to call people out on their BS. I also recall how Vlad was a laughingstock by the end of his career here, after his notorious "round eye" comment that got a comment thread shut down because a race war flared up, and that liveblogging of his friend's reaction to the Wii, which got people leveling all sorts of accusations at him
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People on VGChartz sure like to hate on joystiq
Rubang was awesome though, willing to call people out on their BS. I also recall how Vlad was a laughingstock by the end of his career here, after his notorious "round eye" comment that got a comment thread shut down because a race war flared up, and that liveblogging of his friend's reaction to the Wii, which got people leveling all sorts of accusations at him
Posted: Dec 21st 2007 11:15PM (Unverified) said
Seriously?
Maybe I wasn't paying attention, but I never noticed that Vladimir was any more of a dick than anyone else...
But now that I think about it, I do remember some talk of the "round eye" thing and haven't seen any of his posts for a long time.
What was the story behind the eye comment?
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Maybe I wasn't paying attention, but I never noticed that Vladimir was any more of a dick than anyone else...
But now that I think about it, I do remember some talk of the "round eye" thing and haven't seen any of his posts for a long time.
What was the story behind the eye comment?
Posted: Dec 22nd 2007 10:12AM (Unverified) said
Yeah, no shit. Rubang was (and still is) the man in my opinion. He has all the facts about anything, and he isn't a dick about it.
Come back Rubang.
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Come back Rubang.
Posted: Dec 21st 2007 7:24PM Mr Khan said
Activizzard was only big news because it came out of left field like that. It really hasn't had that much of a significant change on policy yet (although it assuredly will).
Record breaking sales is news, boring news, but news.
I would nominate the Red Ring of Death thing, because it was a stunning reversal in Microsoft's hitherto denial-laced policy to something incredibly consumer-friendly, at a very significant cost to a division that is still struggling to make itself profitable
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Record breaking sales is news, boring news, but news.
I would nominate the Red Ring of Death thing, because it was a stunning reversal in Microsoft's hitherto denial-laced policy to something incredibly consumer-friendly, at a very significant cost to a division that is still struggling to make itself profitable
Posted: Dec 21st 2007 11:09PM (Unverified) said
I'm sure the policies of the new Activision merger will indeed change in relation to what they would've been like as two separate companies, but the question is how.
Will we actually see any noticeable differences in how they run/ what kind of products they make? We already know Blizzard is keeping their unusually high level of freedom, and that's great news, but I'm not so sure we consumers will even notice a change in anything else the "new company" will put out.
So it's not only difficult to say whether the overall story is even that big now, but who knows if we're even going to remember this a year from now?
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Will we actually see any noticeable differences in how they run/ what kind of products they make? We already know Blizzard is keeping their unusually high level of freedom, and that's great news, but I'm not so sure we consumers will even notice a change in anything else the "new company" will put out.
So it's not only difficult to say whether the overall story is even that big now, but who knows if we're even going to remember this a year from now?
Posted: Dec 21st 2007 11:47PM (Unverified) said
Anything but last-gen consoles like Wii. Though my second dead 360 has me pondering this.
Loving the PS3 though, blu-ray, Heavenly Sword and the new Ratchet game... thank you.
Gamertag and PSN - WhoDoUThinkIAm
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Loving the PS3 though, blu-ray, Heavenly Sword and the new Ratchet game... thank you.
Gamertag and PSN - WhoDoUThinkIAm
Posted: Dec 24th 2007 10:09PM (Unverified) said
at least someone is making money...even if it's at my expense Cha Ching Merry Christmas!
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