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AR/VR Weekly | Mar. 4, 2020

This week, GamesBeat launched a new podcast, "How Games Make Money." PC gaming editor Jeff Grubb is a
AR/VR Weekly
This week, GamesBeat launched a new podcast, “How Games Make Money.” PC gaming editor Jeff Grubb is at the helm, and he’ll be examining monetization strategies in the industry. What does this have to do with augmented and virtual reality?
Well, turns out more VR games are selling better than ever before. According to a Road to VR piece, Venture Reality Fund investor Tipatat Chennavasin estimates that 106 VR games brought in more than $1 million. The most impressive part? He estimates that nearly half of this has come within the last 12 months.
Let’s remember: The Oculus Quest came out in May, a little less than 10 months ago. But Chennavasin argues that 2019 was an inflection point for VR, and software sales shot up for all VR platforms (Oculus, Steam, PlayStation VR, and such). 
So, what does this inflection point mean for VR? Will the market continue to grow, as more people adopt this young tech? Will March 23’s launch of Half-Life: Alyx deliver VR’s killer app for the consumer market? Will enterprise continue to give VR a foundation for growth? 
Let’s see what happens.
For AR/VR coverage, send news tips to Dean Takahashi and Jeremy Horwitz. Please send guest post submissions here. Please be sure to visit our AR/VR Channel.
–Jason Wilson, GamesBeat managing editor

From GamesBeat
How Games Make Money: Omer Kaplan on ads and hypercasual games
Talespin raises $15 million for AR/VR enterprise training
Join gaming leaders at GamesBeat Summit, April 28-29, in Los Angeles
HTC's Vive Pro Eye headset drops to $799 as lower-end model sells out
Qualcomm and ZeroLight debut end-to-end 5G Boundless XR system
GamesBeat Summit 2020 speakers: Jenova Chen, Rob Dyer, and Alina Soltys
Apple patents AR touch detection using depth-mapping cameras and ML
Video of the Week
Valve has shared more gameplay from what's likely the most anticipated VR game yet -- Half-Life 3: Alyx, which launches March 23.
Valve has shared more gameplay from what's likely the most anticipated VR game yet -- Half-Life 3: Alyx, which launches March 23.
Beyond GB
Editorial: SideQuest Is The Beta Channel And Early Access Program Oculus Quest Needed | UploadVR
More Than 100 VR Games Have Exceeded $1 Million in Revenue | Road to VR
Facebook Is Buying Another Virtual Reality Game Studio | Bloomberg
How virtual reality is changing the live music experience | CNN
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