Sony Invests $250M in Epic Games

[Rain]

Sony has invested $250 million for a minority stake in Fortnite maker Epic Games, the companies announced today. With the new money, Epic Games has raised $1.83 billion to date.

The companies said the deal cements an already close relationship and reinforces their shared goal to advance the state of the art in technology, entertainment, and socially connected online services. This close relationship was underscored in May when Epic first showed the upcoming Unreal Engine 5 graphics running on a PlayStation 5. As the company itself has disclosed, Epic Games raised $1.58 billion to date in three previous funding rounds. In 2012, the company received a $330 million investment from Tencent for a 40% ownership stake.

Under the deal, the investment enables Sony and Epic to broaden their collaboration, with Sony’s portfolio of entertainment assets and technology and Epic’s social entertainment platform and digital ecosystem (think Fortnite’s increasing use as a social space or the Epic Games Store), to create unique experiences for consumers and creators. The closing of the investment is subject to customary closing conditions, including regulatory approvals.

Sony invests $250 million in Fortnite maker Epic Games

 

[Diondon]

That demo better become a full game.

 

[The Guru]

As long as they keep feeding the people with free games

 

[Fanservice]

That demo better become a full game.

It won’t. It was 1440p @ 30fps with no raytracing for a reason

 

[Diondon]

It won’t. It was 1440p @ 30fps with no raytracing for a reason

Because it was thrown together quickly for the demo.
But the assets still exist

 

[Fanservice]

Because it was thrown together quickly for the demo.
But the assets still exist

Eh.. people should lower their expectations going forward

 

[Rekkapryde]

this what dem nikkaz using my bread on

 

[Waldo Geraldo Faldo]

Now we see why Epic has such high praise for the Station.


That praise looking kind of iffy though.

 

[Tenchi Ryu]

Now we see why Epic has such high praise for the Station.


That praise looking kind of iffy though.

Kinda?

 

[Kairi Irving]

Exclusive Single player focused Fortnite 2 on the way

 

[-DMP-]

All that ps5 praise come with a cost.

 

[MeachTheMonster]

Y’all said I was crazy when I said epic had signed a deal with Sony.

Right again, as usual

 

[Romell]

Them games coming to PC a lot quicker than HZD did that's for sure.

 

[Kamikaze Revy]

Y’all said I was crazy when I said epic had signed a deal with Sony.

Right again, as usual

Microsoft ‘bout to cut daddy Sony a check for that Gears of War 6 release

 

[MeachTheMonster]

Microsoft ‘bout to cut daddy Sony a check for that Gears of War 6 release