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ListerOfSmeg said:

Valve is a publisher too though right? They publish games on steam. Allow 3rd parties to publish games on steam as well.


Obviously, they're far bigger than your average run-of-the-mill development studio like say, Media Molecule or Sucker Punch (maybe they're not the best examples, but I'm talking bigger-than-indie but smaller-than-multiple-studios teams).

And they do publish games, but as far as I'm aware, they still just run 1-2 development teams.  And since they only release - on average - one game a year, it still seems like they're smaller than the two mentioned.

Nintendo & Sony push out what, like 10-12 games per year?  Probably more than that, and at least 4-5 internally developed.  If you compare that to Valve's 1 game per year, you can see why I'm drawing a difference between the two.