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Jagex Announces £92.8 Million In Revenue For 2018

While Runescape has been around for longer than World of Warcraft, it is still very successful around the world. Jagex, parent company of Runescape, have announced that revenue during the 2018 year grew by 9.3% to £92.8 million.

Runescape also reached its highest ever paid membership total since paid membership was introduced. The Android and iOS mobile app for Old School Runescape was also downloaded over 5 million times.

Phil Mansell, CEO of Jagex, said in the press release:

“2018 was Jagex’s fourth successive year of significant growth, with our highest ever active players, revenues and profitability, all while increasing inward investment to power future growth. The successful release of Old School RuneScape on mobile is a major step in our company transformation plan; expanding our expertise to mobile, becoming a pioneer in cross-platform play, and increasing the reach of the RuneScape IP. 2018 also showcased our approach to ‘living games’ – sustaining deep long-term engagement by working closely with our player communities.”

 “This lets us accelerate Jagex’s transformation; we have strengthened our leadership team and will continue to build on the company’s talent base, we are funding new game development, building out our third-party live game publishing, investing in massive publishing platform upgrades, whilst continuing to expand our live RuneScape games.”

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