Technology

29 Facts That Might Make You See Millennials Differently

Published

7 years ago

August 1, 2016

Jeff Desjardins

Millennials continue to puzzle the general population.

Many Boomers are still trying to pinpoint how millennials approach life. They are trying to understand how to impress millennial colleagues, how to sell to them, or how to retain them as employees. Boomers want to know what it was like to grow up with today’s technology, and how that impacts one’s outlook.

Even millennials are still perplexed by their own generation, including themselves. Just because there is a lot being written about Gen Y in the media does not mean that anyone really understands anything. In fact, many millennials are truly unique, and can’t really be meaningfully categorized in any black or white box.

The reality is that millennials were not shaped by just three TV channels – their culture stems from access to millions of different websites and Youtube channels, unfiltered points of view, a wealth of diversity, and recent world events.

And while we don’t want to put millennials in a box, we do like to focus on data. Take away your own conclusions from the following infographic.

29 Facts That Might Make You See Millennials Differently

Today’s infographic is from Gordon Tredgold, and it looks at 29 facts that may help you see millennials differently – particularly in the workplace.

Millennials Infographic

Technology

Charting Grand Theft Auto: GTA’s Budget and Revenues

Dive into the GTA budget through the years, with GTA VI set to be the most expensive video game of all time.

Published

1 day ago

December 5, 2023

Marcus Lu

A cropped chart comparing the GTA budget and revenue across three game titles.

Charting Grand Theft Auto: GTA’s Budget and Revenues

Over 10 years since the launch of Grand Theft Auto V (GTA V), the second most-sold video game in history, Rockstar Games has announced its sequel GTA VI will be “coming 2025.”

As the anticipation only grows for this next big entry in the franchise, we take a look at the GTA budget through the years. How much have the last two games cost to make, how much have they earned, and how do they compare with the latest entry?

Data for this visualization comes from Statista, TweakTown, and Twitch Metrics.

How Much Has GTA VI Cost to Make?

The GTA franchise has grown enormously in scale from humble beginnings as a top-down, 2D video game in 1997. Fifteen installments later, the upcoming release, GTA VI, is estimated to be the most expensive video game to be made yet.

Here’s a look at how much GTA VI and the last two major releases cost, and how much revenue they’ve earned as of August 2023.

Year	Title	Production Costs ($)	Revenue ($)	Copies Sold
2025 (est.)	GTA VI	$2B (rumored)	N/A	N/A
2013	GTA V	$265M	$7.7B	185M
2008	GTA IV	$100M	$2B	25M

In 2008, GTA IV cost around $100 million—already a budget that rivalled big Hollywood releases. However with 25 million copies sold, the game earned nearly $2 billion—a five-fold return on its production cost.

Five years later, GTA V (2013) cost more than $200 million to make—twice GTA IV’s budget. A decade after its release, GTA V has generated close to $8 billion, with hundreds of millions in annual revenue from subscriptions and in-game purchases—a model that its successor is sure to follow.

In fact, subscription fees and in-game purchases represented 78% of Take-Two Interactive’s (parent of GTA developer Rockstar Games) revenues in 2023.

Analysts estimate the to-be-released GTA VI’s costs at $2 billion, including marketing and other expenses. A massive open-world (set in the Miami-inspired “Vice City”), cutting edge graphics, and a reportedly brand-new game engine are all reasons for the game’s outsized budget.

For comparison, the current most expensive games to have been made include Red Dead Redemption 2 (also by Rockstar) and Star Citizen, both reportedly with a $500 million budget.

Meanwhile, Take-Two Interactive shares are up more than 50% for the year.