en
ua
en
EGW-NewsGamingAll newsFive years after its launch, the Epic Games Store still hasn't become profitable
Five years after its launch, the Epic Games Store still hasn't become profitable
654
0
0

Five years after its launch, the Epic Games Store still hasn't become profitable

Steve Allison, the General Manager of the Epic Games Store, expressed the store's position during the antitrust lawsuit brought by Fortnite against Google on the opening day of the court hearings.

He emphasized that the primary goal of the Epic Games Store remains its expansion, as reported by The Verge.

Farmskins

Sign up now and get 2 FREE CASES + 5$ Bonus

Farmskins
CS:GO
Claim bonus
CSGOLuck

3 Free Cases + 100% up to 100 Coins on First Deposit

CSGOLuck
CS:GO
Claim bonus
Chicken.gg

Free gems, plus daily, weekly, & monthly boosts!

Chicken.gg
CS:GO
Claim bonus

Epic launched its PC games store in December 2018, presenting it as a rival to Valve's dominant Steam platform.

In an effort to gain market share, Epic offered game developers more favorable revenue sharing terms than Steam. Developers receive 88% of the revenue while Epic takes only 12%, in contrast to Valve's traditional 30% share of game sales on Steam. In 2018, Valve introduced a tiered revenue sharing system, providing better terms to developers whose games reached certain sales thresholds.

Epic has also actively invested in securing timed exclusive rights to major third-party game releases and has provided millions of free games to players on a weekly basis.

In August, Epic announced a new exclusivity program for the Epic Games Store called "Epic First Run." This program allows developers of all sizes to claim 100% of the revenue if they agree to make their game exclusive on the Epic Games Store for six months.

In October, another program for the Epic Games Store was introduced, offering developers a 100% revenue share for the first six months when bringing their older titles to the platform.

In the previous month, Epic announced its plans to reduce its workforce by approximately 830 employees, which accounts for 16% of its total workforce.

Furthermore, last month, Fortnite V-Bucks pricing and some real-money content packs were adjusted. Starting next year, Epic intends to charge for the use of Unreal Engine outside of video game development.

Leave comment
Did you like the article?
0
0

Comments

Skin betting platforms
Farmskins

Sign up now and get 2 FREE CASES + 5$ Bonus

CSGOLuck

3 Free Cases + 100% up to 100 Coins on First Deposit

Chicken.gg

Free gems, plus daily, weekly, & monthly boosts!

Booster

15% Deposit bonus + Free case!

Bloody Case

5 Free Cases, Daily FREE & Welcome Bonuses up to 35%

SkinFans

Sign up and get a FREE Gift Case, Bonus Cases, Daily Coins, and Rakeback Rain!

Plunder

5 FREE Cases & 5% Deposit Bonus with code: EGAMERSW

CSFAIL

EXTRA 10% DEPOSIT BONUS + FREE 2 WHEEL SPINS
Promocode - EGAMERS10

GGDrop

EGAMERSW - get 11% Deposit Bonus + Bonus Wheel free spin

Cases.gg

Free daily case + 5% deposit bonus

OPCASES

Get 5% bonus and 5 FREE Cases Using Code: EGAMERSW

Clash GG

5% deposit bonus up to 100 gems

Daddy Skins

Code "EGW" for 8% bonus. Daily Free Cases. Hourly in-site giveaways

CSGO empire

a free Gift Case

CSGOPolygon

Up to 4% Rakeback Bonus

CSGORoll

3 free cases and a 5% bonus added to all cash deposits.

Dat Drop

Get 5% bonus on your deposit

Keydrop

10% TOP UP BONUS + $0.50

CSGOBIG

Grants you 5% deposit with promocode: egw

Insane GG

+100% bonus on first deposit.

G4 Skins

+5% to deposit

CaseDrop

2% Deposit Bonus

HellTV Store

Free Case and Deposit Bonus

BRING TO TOP
FREE SUBSCRIPTION ON EXCLUSIVE CONTENT
Receive a selection of the most important and up-to-date news in the industry.
*
*Only important news, no spam.
SUBSCRIBE
LATER
We use cookies to personalise content and ads, to provide social media features and to analyse our traffic.
Customize
OK