The Tech Report writes Valve's Steam service generated $970 million in sales in 2010. The numbers come from a report by Forecasting and Analyzing Digital Entertainment (FADE) because Valve doesn't release such figures to the public.
According to FADE's report, Steam generated revenues of $970 million last year and pulled in a whopping $213 million in December alone. Steam was brimming with discount deals over the holidays, and I made more than a few impulse purchases. Looks like I wasn't alone.
Valve didn't really have any big releases of its own this year, but the company still published seven of the top 10 games, at least by volume. Lest you think that Valve's own wares dominate the service, the list of top ten games by revenue is littered with titles from Activision, EA, 2K Games, Bethesda, and THQ. Perhaps even more interesting, at least for those of us who enjoy more casual arcade titles, is the fact that over 180 games are said to have achieved at least $1 million in sales. Steam seems to do a pretty good job of promoting smaller games produced by independent developers.