Steam Scorches to Nearly $1 Billion in Revenue

Paul Lilly

We realize we're preaching to the choir here, but PC gaming is alive and well, folks. Nay, PC gaming is thriving and well. Sure, your local GameStop/Babbages likely reduced the PC game section to a sad looking rack situated between walls of console titles, but while brick and mortar store shelves are getting smaller, virtual shelves keep growing. No one knows this better than Valve, who's Steam platform raked in nearly $1 billion ($970 million) in revenue in 2010, according to Forcasting and Analyzing Digital Entertainment (FADE).

"Steam's growth has been remarkable during the year," said Benjamin Schlichter , Director of Research & Analysis. "Over 180 titles were estimated reaching over $1 million USD in revenue for the year, painting a very healthy market for developers and publishers, with more room for growth in the future."

Activision's Call of Duty franchise dominated the top 2 spots with Black Ops (No. 1) pulling in $98.2 million and Modern Warfare 2 (No. 2) earning $39.4 million. Both because of the popularity of the franchise and expansion packs, Activision was the most successful publisher on Steam in 2010, raking in an estimated $153 million, FADE said.

Other titles on the top 10 list, in order from No. 3 to No. 10, including Left 4 Dead 2 ($36 million), Battlefield: Bad Company 2 ($25.4 million), Sid Meier's Civilization V ($21.9 million), Portal ($20 million), Fallout: New Vegas ($17 million), Metro 2033 ($13.4 million), Mafia II ($11.9 million), and Warhammer 40,000: Dawn of War II: Chaos Rising ($10.8 million).

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