Geek

The Pokemon Company generates $3.3 billion of sales last year; Almost twice of the previous year

By Menahem Zen / 2017.04.19
Pokemon toys are displayed as Hamley's announce it's top ten toys for Christmas at Hamleys on Oct. 6, 2016 in London, England.

The Pokemon Company has reaped a great benefit in 2016 from its game and characters. The Pokemon franchise is reported to generate has made a substantial amount of profits and generated $3.3 billion of sales last year.

The latest survey from License Global magazine  reported that The Pokemon Company and its "Pokemon" franchise has received a total amount of sales of $3.3 billion in 2016. The company ranked at 19th place among the Top 150 Global Licensor, just below the NFL that generated $3.5 billion. The number one position is held by The Walt Disney Company with $56.6 billion.

The Pokemon Company has made a significant climb from the list, according to Game Rant. In the previous year, the company ranked at 29th position, generating total sales of $2.1 billion. In 2016, the company made a big profit with "Pokemon Go" augmented reality mobile game, which has been downloaded 650 million times and other "Pokemon licensed product.

"Pokemon" is one of the best-selling video game franchise from The Pokemon Company. The game has captivated video gamers around the world and becoming a cult since the first time it was released. The original "Pokemon" game was developed in 1996 by Satoshi Tajiri, the founder of Game Freak Inc. as the role-playing game for Nintendo Game Boy.

As the popularity of "Pokemon" continued to increase, Game Freak and Nintendo decided to establish a company to manage the franchise. Game Freak and Nintendo joined hand with Creatures Inc., the merchandise company to create an independent company to manage the "Pokemon franchise. In 1998, The Pokemon Company was established as a joint venture company.

All of the "Pokemon" franchise is managed by The Pokemon Company, including all video games and merchandise. In 2016, the company released the latest installment of the video game "Pokemon Sun and Moon." Watch the introduction of the new pokemon from the official Pokemon YouTube channel below:

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