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Steam at Nearly $1 Billion in Revenues for 2010

Valve's PC distribution platform garnered strong sales last year, shows research

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As per the Research & Analysis division of analyst firm Forecasting and Analyzing Digital Entertainment, Valve's PC distribution platform garnered strong sales, estimated just shy $1 billion USD through the end of the year.

Estimated revenues through the major digital PC retailer were estimated at $970 million USD in 2010, with December capping off the year with an estimated $213 million USD. Valve took a back seat during the year, as it was the 3rd largest publisher on Steam, bringing in an estimated $80 million USD in revenues, mostly from its 2009 release 'Left 4 Dead 2'. However, Valve sold the most titles of all publishers, as Valve published 7 of the top 10 titles when ordered for units sold.
 
Mirroring its console successes, the 'Call of Duty' franchise saw great sales on the platform, with 'Call of Duty: Black Ops' and 'Call of Duty: Modern Warfare 2' taking 1st and 2nd place in terms of gross revenues, respectively. During just 2 months on the market, Black Ops sold an estimated 1.6 million copies for just under $100 million USD. Due to the popularity of the titles and expansion packs, Activision was the #1 publisher on Steam in 2010, selling an estimated $153 million USD of content during the year. Other first person shooters saw great success as well, as 7 of the top 10 games were primarily of the format.

Top Selling Titles, by Estimated Gross Revenues in 2010:

Call of Duty: Black Ops (Activision) - $98.2 Million USD
Call of Duty: Modern Warfare 2 (Activision) - $39.4 Million USD
Left 4 Dead 2 (Valve) - $36.0 Million USD
Battlefield: Bad Company 2 (Electronic Arts) - $25.4 Million USD
Sid Meier's Civilization V (2K Games) - $21.9 Million USD
Portal (Valve) - $20.0 Million USD
Fallout: New Vegas (Bethesda Softworks) - $17.0 Million USD
Metro 2033 (THQ) - $13.4 Million USD
Mafia II (2K Games) - $11.9 Million USD
Warhammer 40,000: Dawn of War II: Chaos Rising (THQ) - $10.8 Million USD

Steam is Valve's digital distribution service on PC that often provides big discounts on popular titles.
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