Sony has invested USD $ 250 million or Rp.3.6 trillion in the company Epic Games, the creator of the famous game Fortnite, Gear of War and also the best game platform Unreal Engine. The deal gives Sony a minority stake in a game development company and publisher, which was recently estimated to be worth USD $ 17 billion.
From their press releases, the two companies said the investment by Sony will “expand their collaboration.” The release does not say what percentage of Sony’s stock will be from this USD $ 250 million investment, but it is reported that Sony will own 1.4 percent of Epic Games’ shares. That would be worth $ 17.86 billion for Epic, according to Venture Beat.
“Epic Games’ strong technology in areas such as graphics puts them at the forefront of game engine development with the Unreal Engine and other innovations,” said Chariman Sony Kenichiro Yoshida. “There is no better example of this than the revolutionary gaming experience, Fortnite. Through our investment, we will explore opportunities for further collaboration with Epic Games to please and bring added value to consumers and the industry at large, not only in games, but also in the fast-growing world of digital entertainment. “
Including investments by Sony, Epic Games has raised over USD $ 1.83 billion in investments. In 2012, Tencent paid USD $ 330 million for a 40 percent stake in Epic Games.
Epic Games is also quick to confirm one big detail. The deal doesn’t mean that Epic Games will appear exclusively on PlayStation consoles. With Epic continuing to publish on multiple platforms, including the Epic Store itself.
While this deal is not an exclusive deal, it certainly puts Sony in a strong position when it comes to releasing its PS5. Sony now has a stake in one of the biggest games on the planet. Along with it are the most popular gaming machines. The Unreal Engine is the most popular gaming engine coming into the next generation. And the fact that the two companies have worked together on Unreal Engine 5 speaks volumes.
We will probably see the fruits of this deal in the years to come. In the short term, look for another Unreal Engine demo that shows off the power of the PS5 and Sony IP that have appeared on Fortnite!
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