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Industry Landscape
The entertainment industry is currently undergoing a significant transformation, driven by digital platforms and evolving consumption habits. Transmedia storytelling is gaining traction, with creators building expansive interconnected universes across various formats like video games, audio, film, and literature. This allows for deeper audience engagement and new monetization opportunities, though it demands high-quality, cohesive content.
Total Assets Under Management (AUM)
Video Game Market Revenue in United States
~56.6 billion USD (2023)
(6.8% CAGR)
- Console gaming leads in revenue.
- Mobile gaming shows consistent growth.
- PC gaming remains strong with esports and digital distribution.
Total Addressable Market
650 billion USD
Market Growth Stage
Pace of Market Growth
Emerging Technologies
Generative AI
Generative AI can automate content creation, from script drafts to character models and environmental assets, accelerating production cycles and reducing costs for transmedia projects.
Blockchain & NFTs
Blockchain technology and Non-Fungible Tokens (NFTs) can enable new monetization models through digital ownership of in-game assets, collectibles, and even fractional ownership of IP, fostering deeper fan engagement.
Cloud Gaming & Streaming
Cloud gaming and streaming services expand accessibility to high-fidelity interactive experiences across diverse devices without the need for powerful local hardware, broadening the audience for complex video game narratives.
Impactful Policy Frameworks
Children's Online Privacy Protection Act (COPPA) Enforcement (Ongoing)
COPPA, a U.S. federal law, applies to online services and websites directed at children under 13 or that have actual knowledge that they are collecting personal information from children under 13, requiring parental consent for data collection.
Absurd Ventures, while targeting adults, must ensure any content or marketing inadvertently appealing to children is COPPA-compliant, especially if their games or platforms become popular with younger audiences through indirect exposure, or risk significant fines and reputational damage.
State-Level Data Privacy Laws (e.g., California Consumer Privacy Act - CCPA, 2018, and California Privacy Rights Act - CPRA, 2020)
Various U.S. states have enacted comprehensive data privacy laws, like CCPA and CPRA in California, granting consumers rights over their personal information and imposing obligations on businesses regarding data collection, use, and sharing.
Absurd Ventures must implement robust data privacy practices and transparently manage user data collected for community building and personalized experiences, ensuring compliance with evolving state-specific regulations to avoid legal repercussions and maintain user trust.
Digital Millennium Copyright Act (DMCA) (1998)
The DMCA is a U.S. copyright law that implements two 1996 World Intellectual Property Organization (WIPO) treaties, addressing intellectual property rights in the digital age, particularly concerning online copyright infringement.
Absurd Ventures must diligently protect their original IPs across all transmedia formats and be prepared to issue takedown notices for infringing content while also ensuring their own content does not infringe on existing copyrights, which is critical for their core business of IP development.
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