Valve updates their Revenue Shares Tiers
Recently, Valve has revealed over on the Steam Community something interesting for developers. In fact, the company will be updating their Revenue Share Tiers in a way to make it more convenient for developers financially.
Accordingly, if $10 million is made in revenue the difference will be 75%/25% instead of the 70%/30% difference from before. Additionally, if the revenue jumps to $50 million the ratio upgrades to 80%/20%.
Releasing games elsewhere
Honestly, this is a generous move on Valve’s part especially since they want to keep everyone happy. Not to mention, developers as of late started releasing games on other platforms. For example, Activision released Call of Duty Black Ops 4 through Battle.net.
“The value of a large network like Steam has many benefits that are contributed to and shared by all the participants. Finding the right balance to reflect those contributions is a tricky but important factor in a well-functioning network. It’s always been apparent that successful games and their large audiences have a material impact on those network effects so making sure Steam recognizes and continues to be an attractive platform for those games is an important goal for all participants in the network.” said Valve.
“With that in mind, we’ve created new revenue share tiers for games that hit certain revenue levels. Starting from October 1, 2018 (i.e. revenues prior to that date are not included), when a game makes over $10 million on Steam, the revenue share for that application will adjust to 75%/25% on earnings beyond $10M. At $50 million, the revenue share will adjust to 80%/20% on earnings beyond $50M. Revenue includes game packages, DLC, in-game sales, and Community Marketplace game fees. Our hope is this change will reward the positive network effects generated by developers of big games, further aligning their interests with Steam and the community.”
Honestly, it’s hard to imagine a gaming world now without Steam. OF course, Valve is smart enough to know what comes first in favor for teams and their games. Comment below on what you think of Valve changing their revenue setup. Also, if you liked this article why not share it on social media. In other news, Xbox has a new bundle for Xbox Live and Fortnite.