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Kickstarter - Game Backing Decline in 2016

by Aubrielle, 2016-07-04 05:11:15

According to industry analysts, less has been spent on backing games on Kickstarter in 2016 than in 2015.

Crowdfunding for video games on Kickstarter is down sharply for the first six months of 2016 compared with the same period in 2015, suggesting that roughly the same number of video games projects are successfully backed, but at much lower amounts.

Kickstarter backers pledged $8.2 million to video game projects in the first six months of 2016, says ICO Partners, a U.K.-based consultancy specializing in market analysis for online games. Donors pledged more than $20 million to video games in both the first and second halves of 2015. That's despite roughly the same number of projects being successfully funded overall in all three periods.

It's true that Shenmue 3 raised $6 million dollars in a campaign spanning June 15 to July 15, 2015, and Bloodstained: Ritual of the Nighttook in $5.5 million just one month before. But the 2016 dropoff appears not to be skewed entirely by the success of a single project. Both halves of 2015 (Jan. 1 to June 30, and July 1 to Dec. 31) saw more than $20 million in pledges. Removing Bloodstained and Shenmue 3's take from their respective halves of 2015 would still leave the $8 million of 2016's first half down about 40 percent from either half in 2015.

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