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What is the average life span of a video game development studio?

April 26, 2017average Development life span Studio video

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What is the average life span of a video game development studio?

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Seeing many gamedev companies come and go in the industry, I’m curious about the average duration of continuous operation in terms of years or the number of titles produced. Would also be great if the answer differentiated between those owned by publishers (like EA, Activision, Ubisoft), and those that are not. Thanks in advance!