Tag: Epic Games

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Epic changes its royalties scheme

As part of its Unreal Engine 5 preview, Epic Games announced changes to its licensing policy. Now creators will only have to pay royalties to Epic once their games have generated over $1 million in revenue. This applies retrospectively to all games…

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Report: Epic Games worth $15 billion, plans to increase that

The company behind Fortnite and Unreal Engine was valued in the investment at $15 billion in 2018, when a group of investors bought $1.25 billion of Epic Games’ shares. This is according to Bloomberg, which cites people familiar with…

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Epic Games to publish third-party titles

Today, March 26, Epic Games announced a new initiative. It is called Epic Games Publishing. That’s right. The Fortnite and Epic Games Store company is going to begin publishing games by third-party teams.