That sounds crazy, especially compared to this chart: List of most expensive video games to develop - Wikipedia
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I had a booth at the Vegas convention center for a trade show once. We paid $660 for an electrician to plug a power strip into the wall. Not exaggeratingDude from that show Las Vegas isn't cheap.
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Twenty-two million (sixty-two million inflation adjusted) for ET on the Atari? Is that like 20 million for the license and 2 million on hookers and blow?
edit - shit, actually yeah. Looking at the Wikipedia entry for the game it's like 20+ million in licensing. Goddamn.
There is NO WAY that game cost $22 million to make. The single programmer did it in 6 fucking weeks. He was paid $200k or so - so the licensing portion took up all of that I am guessing and went right to Spielberg. I guess if they budgeted for copies, boxes, etc - but even then.... Margins were through the roof back then and don't forget most all games carried a launch day price tag of $49.99.