Full Answer
How much does it cost to make a video game?
So, a game can cost you from $500 for a simple version with limited features to $300 mln for an action-adventure video game. For the smallest of projects, you can employ one programmer and one designer, that will combine animator and modeler functions.
How much does FIFA make from licensing rights?
FIFA's financial statements for 2020 indicate that over half of its revenue for the year came from licensing rights. In 2020, FIFA made $158.9m (£114.4m) from licensing rights and had a total revenue of $266.5m (£191.9m).
How much money does EA make from FIFA Ultimate Team?
As a result, it makes billions of dollars each year for publisher Electronic Arts (EA), with much of that income derived from the FIFA Ultimate Team (FUT) game mode. How much money does EA make each year from FIFA? In its annual report, EA confirmed that it made $1.6 billion (£1.1bn) from game sales from April 2020 to March 2021.
How did FIFA make $4bn in income in 12 months?
That amount was dwarfed by their "Live Services and Other" income which amounted to $4bn over the same 12 months. The Live Services and Other category includes income from additional in-game add-ons such as Ultimate Team, which is the most popular game mode in FIFA.
How much does a FIFA cost?
This year, the Standard Edition of FIFA 22 will cost $59.99 or $69.99 in the U.S., depending on the console. The Ultimate Edition of the game is priced at $99.99. This is a special version of the game; it has additional content such as extra packs, kits, items and players for FIFA Ultimate Team and Volta.
How much money does FIFA make game?
In 2018, FIFA generated more than $4.6 billion in revenue.
How much profit does EA make?
Video gaming giant Electronic Arts generated net revenue of 6.99 billion U.S. dollars in its 2022 fiscal year....Net revenue generated by Electronic Arts from fiscal 2005 to 2022 (in million U.S. dollars)CharacteristicNet revenue in million U.S. dollars20194,95020185,15020174,84520164,3969 more rows•May 30, 2022
How much does FIFA want from EA?
US$1 billionAccording to the New York Times, FIFA wanted double its usual licence fee, from US$500 million every four years to US$1 billion. EA will release its new brand of soccer video game, EA Sports FC, in 2023. FIFA are also outlining plans to introduce its own set of digital games.
How is FIFA funded?
All FIFA tournaments generate revenue from sponsorship; in 2018, FIFA had revenues of over US $4.6 billion, ending the 2015–2018 cycle with a net positive of US$1.2 billion, and had cash reserves of over US$2.7 billion.
What is EA most profitable game?
Best selling titlesSimCity 3000 - 5 million - Nov 2007.Dead Space 2 - 4 million - Oct 2017.Need for Speed: Carbon - 3.2 million (US sales)Dragon Age: Origin - 3.2 million.Left 4 Dead 2 (Console versions) - 2.9 million.Need for Speed: ProStreet - 2.4 million (US sales)Dead Space - 2 million - Aug 2010.More items...
Why do EA Take 5 tax?
Why have a tax on an electronic sports market? EA charges the 5% tax to keep the market under control. Some FUT traders and coin sellers acquire the games' 'coins' at a rapid rate, which is why they implemented a tax structure.
Is EA games losing money?
In the fourth fiscal quarter of 2022, video game publisher Electronic Arts (EA) reported a net income of 225 million U.S. dollars. The gaming company's quarterly net revenue amounted to 1.82 billion U.S. dollars in the same measured period....CharacteristicNet income/loss in million U.S. dollarsQ1 '201,421Q4 '1920911 more rows
How much money has FIFA 20 made?
Even FIFA 20, which was released in September 2019, reportedly earned more than $1 billion in 2020, and its successors will likely only continue to make high sales.
Is EA losing FIFA?
The FIFA soccer video game that gamers have enjoyed for years will disappear after its maker failed to strike a new licensing deal with world soccer's governing body. Electronic Arts Sports will instead introduce a new game — EA Sports FC — for 2023.
How did EA lose FIFA?
EA Sports Loses Rights To 'FIFA' Brand For Soccer Video Games After Talks Fail With Soccer's Governing Body. I cover national politics, with a focus on Donald Trump.
Who is FIFA owned by?
EA Sports FC (formerly known as FIFA Football or FIFA) is a series of association football video games developed and released annually by Electronic Arts under the EA Sports label. As of 2011, the FIFA franchise has been localised into 18 languages and available in 51 countries.
How much does it cost to make an indie game?
You’re looking at a range from about $50,000 to $750,000 to make an indie game. The lower $50k amount is the total cost for a solo developer, on average, to work for a year on a game (at least in our experience). As you add more people, the cost goes up.
How long does it take to make AAA games?
Most AAA games are made by teams of a few hundred people working for two or more years .
What is the process of getting a game into the hands of players?
This includes testing, marketing, making a trailer, localisation, advertising, and (if this is being done) the cost of making physical copies and then distributing them.
What is an Indie game?
Indie game - This is a game made by a solo developer (or small team) and released onto Steam (or similar storefront). Good examples of this type are our games (so far!) such as Mars Horizon and Dark Future: Blood Red States.
What Is the Value of the FIFA Franchise?
In short, this is based on the numbers from 2016, which saw EA selling close to 15.5 million units of FIFA with each unit bringing in an estimated $121. Some people might be confused by this because a FIFA game isn’t that expensive, but the $121 figure comes from not just the initial purchase price but also the cost of various in-game services, which can prove to be very lucrative for video game companies. Regardless, the important part is that Forbes believes that the FIFA series was responsible for close to 40 percent of EA’s revenues in 2016, which is astonishing because EA’s revenues on an annual basis are measured in the billions. Assuming that Forbes’s numbers are correct, this makes the FIFA series by far and away the single most important series being produced by EA, which is even more amazing because of the other lucrative series that it has either started up or taken over in the course of its existence.
Is FIFA worth it?
Summed up, it is clear that the FIFA series is one of the most valuable series that can be found out there in the video game market of the present day. In part, this is because each new installment can be expected to sell millions and millions of units, which in turn, can bring in more than the initial purchase price because of EA’s focus on in-game purchases. However, it should also be noted that new FIFA games come out on an annual basis, meaning that the stream of revenues doesn’t just flow strong but also flows in on a regular basis. Something that most series can’t even hope to claim. Coming up with a precise estimate is impossible, but when the series is bringing in billions on an annual basis, that should at least give interested individuals a general sense of its immense value.