About the FTC Show/hide About the FTC menu items.News and Events Show/hide News and Events menu items.Advice and Guidance Show/hide Advice and Guidance menu items. ![]() Competition and Consumer Protection Guidance Documents.Enforcement Show/hide Enforcement menu items.Source: The Verge, Epic Games, Twitter How much money did PC users spend on Epic Games Store?Įpic Games PC users have spent $840 million on Epic Games Store in 2021, which is $140 million more than the prior year. Tim Sweeney refuted the “losing” part and announced in one of his tweet that it’s an investment worth spending on. However, Tim Sweeney revealed in 2021 that they are not actually paying per piece of the game sold but instead paid a fixed amount agreed upon with the publishers and developers.ĭuring the Epic Games vs Apple Anti Trust lawsuit, proposed findings by Apple indicated that Epic Games are “losing” at least $400 million in minimum guarantees for 2020 alone as opposed to the billions of dollars cost for the hundreds of millions of free games claimed. The common misconception that most people assume is that Epic Games pay a boatload of money for the free games that they give away. Sources: Epic Games 1, Epic Games 2 Does Epic Games make a profit by giving out free games? However, Epic Games’ revenue was revealed in 2021 during Epic vs Apple anti-trust suit. Epic Games does not normally share this type of information. Source: Epic Games How much money does Epic Games make from Fortnite?Įpic Games made $9 billion from Fortnite in 20 combined. Source: Epic Games How many genres does Epic Games Store have?Īs of December 2022, Epic Games has 34 genres in their store. Source: Epic Games What are the most played games on Epic Games?Īs of December 2022, these are the most played games on Epic Games. In 2021, these were the biggest games on Epic games. Source: Epic Games What are the biggest games on Epic Games? In 2020, these are the most popular titles on Epic Games. Sources: Polygon What are the most popular games on Epic Games? Six years later, you can see how 8,000 more people were working for the company. In 2016, there were just 200 people hired at Epic Games. The table below shows us Epic Games’ 10 most recent investments. They are the lead investors in 11 investments. Source: Crunchbase Epic Games InvestmentsĮpic Games has made a total of 21 investments through the years. The table below shows us a more detailed look at Epic Games’ funding history. KIRKBI A/S and Sony were the lead investors of the latest funding round. Let's now have a look at some key information about Epic Games as a company. Sources: Gamasutra, PC Games, Guiness World of Records, Gamespot, CNET, Den of Geek, CNBC, Polygon Epic Games Company Overview (About)Įpic Games is one of the most popular gaming platforms. Following the removal of Fornite app, Epic Games filed an anti-trust suit against Apple.In 2020, both Apple Store and Google Play removed Fortnite app from their store following an accusation that Epic Games had bypassed both of their storefronts for in-app purchases.In July 2014, Unreal Engine became the most successful video game engine in the world according to Guiness World of Records.Epic Games has since then become extremely unpopular among video game consumers citing distrust in Tencent’s involvement with the company.Some of them reasoned that the direction the company was going at the time was no longer in-line with what they believed in when they joined the company. Following Tencent’s acquisition of the minority stake, a number of high-profile staff left Epic Games.Tencent bought 40% of Epic Games’ equity for $330 million in June 2012.In an attempt to keep up with this, Epic Games made an agreement with Tencent. Epic Games observed that the video game industry was shifting to a games-as-a-service model.In February 1999, EpicMegaGames became Epic Games when the company moved their headquarters to Cary, North Carolina.Tim Sweeney began creating and writing the Unreal Engine in 1995 which was then later used to create their first-person shooter game named Unreal.In early 1992, Tim Sweeney renamed Potomac Computer Systems to Epic MegaGames to make it sound like the name represented a fairly large company even though he was the only employee at the time. ![]() Originally, Potomac Computer Systems was supposed to be a computer consulting business but later became a fully committed video game company following the success of ZZT. ![]()
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