How Much Money is Respawn Entertainment Worth?
Respawn Entertainment has emerged as one of the most successful and valuable video game developers in the world on the back of hit games like Apex Legends and Titanfall. The studio was acquired by Electronic Arts in 2017 for over $400 million, demonstrating its tremendous worth even as a relatively young company. This article will analyze Respawn‘s net worth, revenue from top titles, company leadership, and future prospects.
A Titan of the Gaming Industry
Founded in 2010 by Jason West and Vince Zampella, formerly of Call of Duty developer Infinity Ward, Respawn Entertainment has risen to become a premier studio in just over a decade. Their first game, Titanfall, was released in 2014 as an Xbox exclusive and major rival to Activision‘s Call of Duty series.
While Titanfall kicked off the studio strongly, Respawn‘s 2017 release of battle royale shooter Apex Legends propelled them to new heights. Within a month, Apex drew over 50 million players and made $90 million on consoles and PC. The free-to-play game was perfectly timed to capitalize on the exploding popularity of the battle royale genre led by Fortnite and PUBG.
Here‘s a look at how much revenue Apex Legends has generated since launch:
| Year | Revenue |
|---|---|
| 2019 | $455 million |
| 2020 | $574 million |
| 2021 | Over $1 billion |
| Total | Over $2 billion |
As of October 2021, Apex Legends surpassed $2 billion in lifetime revenue, confirming its status as one of the most financially successful games in the world. It continues to earn over $400 million annually for Respawn and publisher EA.
The game also averages around 13-14 million monthly active players as of 2021 on console, PC, and mobile. Its player base and revenue grows each year:
| Year | Monthly Active Players |
|---|---|
| 2019 | 50 million (at launch) |
| 2020 | 70-80 million |
| 2021 | 130-140 million |
Apex Legends ranked 5th on the list of highest-earning mobile games in 2022, generating over $40 million just on iOS and Android. Its popularity and in-game spending shows no signs of slowing even 3 years after release.
Leadership Driving Success
A huge part of Respawn‘s value derives from its experienced executive team, led by co-founder and CEO Vince Zampella.
Zampella previously founded Infinity Ward and as head of development spearheaded the original Call of Duty (2003) and Call of Duty 4: Modern Warfare (2007). These games put Call of Duty on the map and revolutionized online first-person shooters on consoles.
Other key figures at Respawn include:
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Peter Hirschmann: Game director who heads development on the Star Wars Jedi: Fallen Order series. Veteran of LucasArts and major Star Wars games.
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Chad Grenier: Apex Legends Game Director with past multiplayer/engineering credits on franchises like Call of Duty and Gears of War.
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Mohammad Alavi: Creative lead on the Titanfall games and Apex lore. Former developer at Infinity Ward and lead on Call of Duty: Modern Warfare 2.
This veteran talent and experienced leadership has been instrumental in Respawn‘s success. The company retains its key creative minds even after the EA acquisition.
EA Acquisition Valued Respawn at $455 Million
In November 2017, Respawn Entertainment was acquired by Electronic Arts for $455 million total – $151 million in cash and $164 million in long term equity. This marked a huge return on investment for Zampella, West, and initial Respawn investors.
For EA, acquiring Respawn gave them an experienced studio with proven talent in first-person shooters and multiplayer games. Adding the team that created Call of Duty and Titanfall addressed EA‘s need for competitive shooters to rival Activision‘s flagship franchise.
The purchase also gave EA ownership of the Titanfall series and the in-development Star Wars Jedi: Fallen Order game. EA was able to leverage Respawn‘s IP for their Star Wars license, resulting in the very successful Jedi: Fallen Order release in 2019.
Acquiring Respawn gave EA the talent they needed to remain relevant in the competitive FPS and live service game market. It also added the Apex Legends IP which became a billion dollar franchise under EA‘s publishing umbrella. For both companies, it was a mutually beneficial deal.
What is Vince Zampella‘s Net Worth?
As CEO and co-founder of Respawn Entertainment, Vince Zampella has amassed a huge personal net worth north of $40 million.
The EA deal earned Zampella tens of millions in cash and equity upfront. He also retains an equity stake in Respawn itself, entitling him to a share of the studio‘s profits. With consistent revenue from Apex Legends and other titles, Zampella‘s net worth should continue rising steadily.
As a creative leader in the gaming industry for over 20 years, Zampella has had a hand in some of the most influential FPS franchises in history. The continued prosperity of Respawn under his guidance bodes well for increasing his fortune down the line.
Is Respawn Leaving EA?
While some key developers like Ryan Lastimosa have left Respawn to pursue other opportunities, there are currently no signs that Respawn Entertainment plans to break away from EA.
The studio remains fully owned by EA since the 2017 acquisition. They continue working on EA titles like the Apex Legends and Star Wars Jedi series that are published under the EA umbrella.
Respawn also has a new first-person shooter in early development rumored to be a multiplayer game. This would align with EA‘s focus on games-as-a-service and live multiplayer experiences.
Unless either company indicates a change, it seems Respawn will remain an EA subsidiary for the foreseeable future. The partnership has already proven hugely successful for both parties.
Respawn Keeps Growing
From two co-founders in 2010, Respawn Entertainment has expanded to over 200 employees working on current and next-gen games.
Here‘s a quick look at Respawn‘s growth over the years:
- 2010: Founded by Jason West and Vince Zampella
- 2014: Around 70 employees for Titanfall
- 2017: Over 150 employees at time of EA acquisition
- 2022: Approaching 200 employees with new hires
The company is continuing to expand, hiring developers and designers to work on Apex Legends and new projects. Job listings point to openings across its Sherman Oaks HQ and satellite studio in Vancouver.
With revenue from Apex Legends surpassing $2 billion, Respawn has plenty of capital to invest in growing its talented team. The company shows no signs of downsizing, evidencing its strong business health.
The Future Looks Bright
Thanks to the amazing success of Apex Legends, Respawn Entertainment sits in an enviable position as a leading developer of live service games. They have the resources and talent to keep building on Apex‘s popularity across console, PC, and mobile.
The studio is also nurturing a second blockbuster franchise in Star Wars Jedi: Fallen Order. With a sequel Jedi: Survivor set for 2024, they have an opportunity to establish another long-running series.
And there are surely other unannounced projects in early production, including a possible new multiplayer FPS. Vince Zampella recently teased that Respawn has enough in development to span the next 10 years.
With such a robust development slate and steady revenue from Apex Legends, Respawn‘s future looks bright. They have the financial strength and industry reputation to attract top talent and maintain independence under EA. I expect their Hot streak to continue leading to even greater value and net worth down the road.
In just over a decade, Respawn has earned its place among the top developers in gaming today. This studio is a model for building successful IP that can print money year after year. There‘s no signs of Respawn slowing down as they continue delivering high-quality games to an ever-growing audience.