Level Up: Film & TV studios betting big on gaming

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Level Up: Film & TV studios betting big on gaming
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HBO's new post-apocalyptic zombie series The Last of Us has debuted to critical and commercial acclaim.

HBO's new post-apocalyptic zombie series The Last of Us has debuted to critical and commercial acclaim.

But beyond being a hit for HBO, it also makes up part of a massive wave of games-based content that is heading towards TV and film audiences.Revenue from gaming is estimated to have hit somewhere in the region of $195 billion last year. Mobile gaming is a huge earner now. So are freemium games; the likes of Fortnite, that’s free to play but makes billions a year through microtransactions.And that’s a big part of the reason why we’re suddenly seeing an explosion in TV shows and films that are based on gamesYes, there’s a very long tradition of the game tie-in to a movie or TV show.And there are a few successes in there – for example the Nintendo 64 game based on Goldeneye is still considered one of the best games ever made.

Around nine years ago someone actually went digging in New Mexico and, sure enough, hundreds of thousands of copies of games – including ET – were found.But even over the decades it hasn’t all been a one-way street – and there is also a long history of films and TV shows based on popular games.Many people would think of that as a cartoon, but it actually started life as a game for Nintendo’s Game Boy.

But we’ve also had the likes of Prince of Persia, Assassins Creed and Uncharted – three films based on three hugely successful games franchises, all of which were huge failures at the box office. They were so sure of a hit they also demanded a lot of money up-front, $10m, plus a big cut of the box office. And they gave studios just a few hours to say whether they were in or not.Two studios teamed up to negotiate a better deal, they even got big names like Peter Jackson and Neil Blomkamp attached… but the whole project still fell apart within a year.

So studios are now trawling through everything from book libraries to games libraries to find a property that could be the next big ‘cinematic universe’ money-spinner. He has two Oscars to his name for the scores he wrote for Brokeback Mountain and Babel, so he knows his stuff.

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RTEbusiness /  🏆 16. in İE

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