Monica Harrington's Bold Strategy Secured Valve's Future and Half-Life IP
At the 2025 Game Developers Conference, Harrington recounted how a decisive threat to abandon game development forced Sierra to renegotiate Valve's unfavorable publishing agreement.
- Valve's original publishing deal with Sierra granted the publisher control over the Half-Life IP and imposed restrictive financial terms on the developer.
- Monica Harrington, Valve's first CMO, threatened that the company would pivot away from game development if Sierra did not renegotiate the agreement.
- Sierra initially planned to pull marketing support for Half-Life, jeopardizing its success, but was convinced to relaunch the game as a Game of the Year edition, which boosted sales significantly.
- In 2001, Valve successfully renegotiated its publishing agreement, regaining ownership of the Half-Life IP and securing online distribution rights for its games.
- These negotiations laid the groundwork for Valve's evolution into a major force in PC gaming, enabling successes like Half-Life 2 and the Steam platform.