Obsessed with technology?
Subscribe to the latest tech news as well as exciting promotions from us and our partners!
By subscribing, you indicate that you have read & understood the SPH's Privacy Policy and PDPA Statement.
News
News Categories

Sony invests $250 million in Fortnite creator Epic Games

By Cookie Monster - on 10 Jul 2020, 12:46pm

Sony invests $250 million in Fortnite creator Epic Games

Sony and Epic Games announced that the Japanese company has made a strategic investment of $250 million in the game development studio. 

The $250 million investment allows both companies to broaden their collaboration across Sony's portfolio of entertainment assets and technology, and Epic's social entertainment platform and digital ecosystem to create unique experiences for consumers and creators.

While Sony will have a 1.4% stake in Epic Games, Epic titles will not be exclusive to Sony consoles. According to VentureBeat, Epic Games confirmed that it will still publish games on other platforms. 

Source: Epic Games via VentureBeat