Tuesday, February 15, 2011

News: Steam owns half PC download market

Is "tremendously profitable" says Newell.

Digital download platform Steam controls half to 70 per cent of the $4 billion market for downloaded PC games, according to a new report.

Steam is "tremendously profitable", Valve co-founder Gabe Newell revealed for a Forbes profile.

250 people work at the Half-Life and Portal maker and, Newell said, per employee Valve is more profitable than Google and Apple. "Various sources" value the company at $2 billion to $4 billion, Forbes reports.

Read more...

Source: http://www.eurogamer.net/articles/2011-02-14-steam-owns-half-pc-download-market

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