Sony has invested $ 250 million (IDR 3.6 trillion) in the well-known games Fortnite, Gear of War, and Epic Games, the creator of the best gaming platform, Unreal Engine. The deal resulted in Sony acquiring a minority stake in game developers and publishers, which was recently estimated to be worth $ 17 billion.
The two companies said in a press release that Sony’s investment would “expand cooperation.” The release does not reveal the share of Sony’s stake in this $ 250 million investment, but reports that Sony owns 1.4% of Epic Games. According to Venture Beat, this would value Epic at $ 17.86 billion.
“Epic Games’ powerful technology in areas such as graphics is at the forefront of developing game engines using Unreal Engine and other innovations,” said Kenichiro Yoshida, Sony owner. .. “There is no better example than Fortnite, an innovative gaming experience. Through our investment, we are looking for more opportunities to collaborate with Epic Games, consumers not only in gaming but also in the rapidly evolving world of digital entertainment. And bring joy and value to the industry as a whole. “
Including Sony’s investment, Epic Games has raised over $ 1.83 billion. In 2012, Tencent paid $ 330 million for a 40% stake in Epic Games.
Epic Games also quickly saw one big detail. This agreement does not mean that Epic Games will only appear on the PlayStation console. Epic continues to be published on multiple platforms, including the Epic Store itself.
This deal is not an exclusive deal, but it certainly puts Sony in a strong position when it comes to the release of the PS5. Sony currently owns a stake in one of the largest games on the planet. In addition to that, there are the most popular game consoles. Unreal Engine is the most popular game engine for the next generation. And the fact that the two companies have worked together on Unreal Engine 5 speaks for itself.
You will see the results of this transaction in the coming years. In the short term, look for other Unreal Engine demos featuring PS5 power and Sony IP at Fortnite!
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