According to Epic, their game store had 160 million users and generated $700 million in sales, last year.
That averages to less than $5 per user!
2/3rd of their revenue is first party games

Oh, and they gave away almost 750 million copies of non-free games. Meaning they gave away a paid game for every dollar they earned

3 years ago

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But hey at least kids are spending money on forthnight?

3 years ago
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It's been dipping in popularity. That imposter game, fall guys, and the fact its off both mobile stores hurts it. Still doing ok I bet though

3 years ago
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3 years ago
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Yes more that $530 million is a Fortnight transactions.

3 years ago
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I'm guessing the people who just get the free games but have never purchased anything are considered customers and that is probably why the average amount spent per user is so low.

3 years ago
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mea culpa

3 years ago
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I don't understand these numbers can you tell me in vbucks?

3 years ago
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Gazillion Vbucks

3 years ago
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Yeah, I think that they decided to invest A LOT in this 2-3 years to become a reality in the games market. And they had enough money to support this. Now that they are an accepted reality, I think this will change, and they will start earning some money.

3 years ago
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i explain
they give away cool blockbuster games and other, u as customer loggin to claim every game, why would u spend money if epic gives u every week free game?:D

3 years ago
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Because you maybe want to have/play game X, now, and not gamble that they give it away in 2 years + maybe steam, gog and whereever not gave it away for free or in a good deal and EGS sell it cheaper at date X.

3 years ago
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Because you (generic) are used to log in EGS every week to get the free game. And now you have a library of 150 games on EGS. And maybe you find a super historical low on a game, on EGS. And you don't find it anymore strange, to buy it there.
Personal example: The Witcher 3 GOTY at 5€ was an instabuy, for me.

3 years ago
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Same as any good drug dealer.

Give you a free taste (Base game) and then make you pay once they have you hooked (massive number of paid DLCs which they get a cut). I wonder if they could convince game devs to make "exclusive" DLCs?

3 years ago
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3 years ago
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Accepted what? Should I remind you who stands behind EGS? They have more than enough money to keep fighting.

3 years ago
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It's just a matter of fact. 2 years ago nobody was thinking of EGS as a store, disconnected from Fortnite. Now they have a position in the games market. People are used to see their store every week, to get the free game. Like it or not, that's the reality.

3 years ago
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Oh nvm I've misread that sentence. You're right. That's exactly what's happening. While some people call them fools for wasting millions for giveaways, there are bigbrain strategy is going on.

3 years ago
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No problem, maybe I did write it in an unclear way :)

3 years ago
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Things seem pretty stable. If they aren't making money now*, the only option they have is to reduce the giveaways. Which shouldn't get too many complaints from anyone likely to buy from them.

*I don't have any data on how much they are paying for the games they are giving away. They could be getting a deal that's good enough for them to already be profiting.

3 years ago
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I, also, got lots of free games, but ended up purchasing a couple of games. One cheap, and the other one discounted 10€ with a coupon.
They need to improve their UI, and get closer to Steam and GOG, but ... if they do, it could become a much better store to get games soon. ;-)

3 years ago
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Realistically the only way for a new store to be more than a niche player in the online software, without being the only distributor online for a particular company, is to do something expensive like what Epic is doing, freebies and exclusives.

Some people think it's unfair, but it's really the only way to challenge Steam with any chance of success at all.

(ianal), but I'm pretty sure that Steam would be legally considered in a Monopoly position.

For 'clarification' purposes I should mention that legally, you don't have to own all or even most of the market to be a monopoly, and even if you are the only company in a market, that doesn't make you a monopoly either. It's a bit complicated and has conditions to determine if it's a monopoly. If you're curious, or just confused, go look it up, it's rather surprising.

If you just want to tell me I'm wrong, go talk to the lawyers that write the laws and also many of the articles on the subject, because unless you're one of those lawyers that deals with monopoly laws, you're arguing with the wrong person, and probably an idiot.
It would be like arguing with the postman that your phone bill in your mailbox is charging you the wrong amount... :D

I just wanted to head off that obvious line of b.s. that always seems to come up when you mention the discussions of experts in a field that some people don't like despite their lack of training in that field. To anyone not in that category, I hope you got a bit of a giggle over it ;)

3 years ago
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160 just registered in egs....
so their number is just lower.

3 years ago
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View attached image.
3 years ago
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Just an idea- If you already have hundreds or thousands of games on Steam, and so do your friends, then likely the 100 free games that you've collected on Epic aren't enough to main your Epic account. That's less likely the case for those who for various reasons have a Steam library that hasn't kept up with Epic's, either in quantity or quality. Once you and your friends main Epic your next purchase is more likely to be over on that store.

3 years ago*
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Mostly that would be kids under 18 these days.
I don't know what's the demographic for Steam, but I bet it's something around 25-35 of age and male.

Younger people don't have money to buy games. And getting 100+ games for free easily makes EPIC as the main launcher for them. Considering popularity of Fortnite among kids... This might actually be a genius move by EPIC. Hardcore Steam usrs ( most here) aren't their target client anyway. Those who mostly use Steam and take up EPIC for a game or two is just a great bonus, but the kids is what keeps them going. Like an investment in the future... Where do you think all the fortnite kids are going to buy other games they like ? Why buy on Steam when you already have100+ games on EPIC

3 years ago
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Why main any of the storefronts when the GOG client lets you manage them all in one place ?

3 years ago
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With the added bonus of not having to use the client at all, because you actually own them. If GOG had the selection that Steam did, I probably wouldn't use the others at all.

3 years ago
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I think they're more referencing this bit:

GOG GALAXY 2.0 allows you to combine multiple game libraries into one and connect with your friends across all gaming platforms, consoles included!

https://www.pcmag.com/how-to/how-to-combine-and-organize-your-game-libraries-with-gog-galaxy

3 years ago
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No doubt; that was the feature that sold me on trying it in the first place. I just like reminding people that there are very few dogs in this race that don't have DRM; GOG, itch, and some stuff at Humble are all that I know of.

3 years ago
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Yeah, GOG really sabotaged the EU plan to standardize and unify launchers ;)

3 years ago
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First of all, okay.
Second of all, buying bundles and activating them on Steam gives them exactly 0 money afaik.

With that out in the wild, I hope I'll get a lot of nice free games from Epic for a while. They gave me a lot of fun hours with their games added to my backlog, even if I only bought Journey on them, and I don't really plan on buying much with my backlog in mind.

3 years ago
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Am I the only person who does not mind having steam, EGS, GOG, and hate to admit it Origin accounts?

EGS has given away a lot of games that I have enjoyed for hours, and my kids as well. We are still really enjoying multiplayer Galactic Civ III :)

That said we have multiple accounts, and I am sure others do as well, so those numbers do not really equate to $5

I hope they continue to give away a free game for every $ they earn :) I personally will buy a game that I want from the best available deal available...but...I would be willing to pay a few $$ more to avoid origin store if I could. I buy on GOG first if price is comparable, steam and EGS are about an even tie for a close 2nd. Ubisoft is pretty much only freebies for me at the moment, and origin is freebies (they stopped giving those) and exclusives for the kids really.

3 years ago*
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3 years ago
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I'm not fond of it, but a deal is a deal and when possible, I buy on Steam because I can usually get the cheapest deal. I will admit that the small drip of trading card value does push me to Steam, but i could disregard almost every other aspect of Steam like community hubs and the like.

3 years ago
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Same here. I don't mind other launchers that much. I don't mind buying outside of Steam either if the other launcher has a better deal.
Only issue I have is to keep track of all my games.

3 years ago
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That's why I like the GOG launcher. It can manage all my games.

3 years ago
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I don't mind having multiple accounts across different stores. The GOG Galaxy client lets me manage them all in a single place, so I can keep track of my backlog easily enough.

I'll take Epic's free stuff. But I'm not going to even think about shopping there until they get a simple shopping cart.

3 years ago
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Same here, I am perfectly fine with several launchers.

3 years ago
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KEK

3 years ago
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I'd be more interested in knowing what the average paying customer has spent on their store. I think I've spent about $40 or so.

I don't mind collecting the free games, please and thank you, but until they add a God-damned shopping cart, I'll buy the vast majority of my games elsewhere. (Who doesn't have a freaking shopping cart?!)

3 years ago
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Yeah, and how much they spend on free games would be good too. I think I spent about $30 last year but haven't log in to play any of them yet haha

3 years ago
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I have spent $110 since they opened. And all of it on games on sale plus a $10 off coupon, which together equals a better deal than anywhere else. As a result, I bought "bigger" games that I have actually played. I checked, and I have played all my Epic purchases except the most recent ones. That's a way better record than my Steam purchases.
But it can' last forever. Those coupons are just Epic straight-up subsidizing my purchase. I love it, and I will take advantage of it until it stops. I figure we have another two years. After that, Epic will be a heavily curated competitor to Steam. Heavily curated to the Shiniest - not always AAA, but the shiniest indie, too.

3 years ago
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... and they still won't have a shopping cart.

-_-

3 years ago
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That's my big worry about their store. Remember how, in their first big sale, the lack of a shopping cart led to multiple transactions in a short period of time, that tripped the Epic stores anti-fraud system ?

Note that it didn't happen a second time. Which makes me think they turned down their anti-fraud systems. The mindset that makes them prefer compromising security to building a simple shopping cart is a worrying one.

3 years ago
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Ah, yeah, I'd completely forgotten about that. I can't imagine that was fun.

For me, it's more a quality-of-life thing; I'm not as tempted to buy multiple games during a sale (especially those with DLC) if I have to purchase each item separately. It's the most basic thing for any online store, and it's missing.

3 years ago
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Agreed. Having to input my cc details multiple times is just annoying, so I'll never purchase anything from a store that doesn't run a shopping cart. But it seems that a lot of people don't care about that.

But their lax attitude to security is something that risks coming back to bite them and/or their customers.

3 years ago
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I just get the freebies in case I can't get them on Steam before they stop selling them or something. Haven't installed the client.
Maybe I will play some of it at some point but I still don't trust them and if they would stop the shady behavior like buying exclusivity, it would go a long way for me to trust them.
I know you don't look a gift horse in the mouth but I can't help myself. When it's too good to be true, it's usually because it's not true.

3 years ago
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Eh, I feel like there's a bit of a double standard being applied. A big publisher like EA buys up a studio like Bioware and people grumble for a bit and then forget about it. Bayonetta 2 & 3 are Nintendo exclusives because they chose to fund Platinum Games making those games, and people just accept it. But Epic gives indie studios indie studios money and job security in exchange for releasing their game on Epic, and somehow this is a crime against gamers? Given that the client is free to anyone with a PC and an internet connection, it's the least exclusive "exclusivity" I've ever seen. It's the real life equivalent of the "top secret" plan in Blackadder that's limited to the English speaking world.

Obviously they want to attract people to their store, and they're doing so by giving away games and by throwing money at indie devs in exchange for those devs releasing their games on Epic. I'm not sure why Epic paying indie devs to release their games on Epic is so much worse than Valve hiring indie devs to release their games on Steam (like the Portal folks, Dota 2 - back when Valve was still in the business of making games). I would think that indie devs staying indie, rather than being bought up by a big publisher, would be a preferable thing - they get the job security and funding but retain full control over their game.

3 years ago
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I'm all for indie devs getting a better offer than Valve's. That's healthy competition: make a better offer and users and suppliers will come to you. I would have zero problem with Epic if they did that. Well, no, I would still have the China problem, not because it's China but because they tend to do whatever they want and I'm not exactly sure I want them on my computer. Still I would support them as a store.

However, that's not what happened. Exclusivity is an issue, and I also have an issue with all the console exclusive games which is why I don't own a console anymore. I don't like being locked in or out and I resent any system that's doing it.
Maneuvers like Epic's make me doubt their trustworthiness and I have a feeling that if they ever managed to topple Steam, let's say when they manage to topple Steam, and once they have the upper hand, they'll act exactly like Steam does with the devs and with the users.

So it's not really double standards on my part. I just am distrustful of people coming in offering stuff and making backdoor deals with suppliers. If they intended to make good on their promises and to be a competitor to Valve they would have just offered a better deal to devs and users alike. They chose another path.

3 years ago
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No double standard here. Fuck EA for their business practices, fuck Nintento for their business practices and especially fuck Epic for their business practices.
I haven't bought a game from either company for ages.
The tipping point from EA was (surprise, surprise) the launch of all their games exclusive on their shitty Origin launcher.
I haven't bought a Nintendo console for quite some time so that wasn't really hard.
Funny thing about Epic: When they still had their Epic Launcher for UT and some other Unreal Engine games, I used it to play Shadow Complex when they gave it away because I'm a huge sucker for Metroid-like games. But as soon as I had finished the game I deinstalled the launcher and haven't installed it again yet.

3 years ago
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They earned around 50 usd of 700 million dollars from me xD. If they improve their client probably they will gain more. Their store design is mess

3 years ago
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3 years ago
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They've averaged $0 from me.

3 years ago
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I bought Tony Hawk and I didn't regret it, coupon helped

3 years ago
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I get the freebies - I like freebies - and I also buy from the from time to time. I have no problem with Epic at all.

3 years ago
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there are a lot of users but not all of them are claiming all free games. My friends are claiming only games, they will play, so around 1/4 of the games.
Btw I have spent around 100 dollars in their store. Their prices are best (with coupons it is even better).

Do you think, that it would be better for them to spent the money for advertisement? Or they can just give games to people and these giveaways will spread globally even faster and for free!
In both ways they can spend same amount of money, but giving games is even better marketing I think.

And also it is extremely hard to open new store with games and do not pay for advertisement and also be profitable.

3 years ago*
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the only reason they can keep this up is fortnite. there is no way they can do this for much longer because it is not profitable. once they realize they are going nowhere with their current strategy to lure people in with games, they will stop. because they dont really create customers. they create freeloaders. who demand free games and see it as natural.

3 years ago
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Didn't they say when they launched the store that the free games would only be for the first year ?

Because they sound like the major barrier to the Epic store becoming profitable.

3 years ago
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the only reason they can keep this up is fortnite

Fortnite and China (Tencent).

3 years ago
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they create freeloaders. who demand free games and see it as natural.

Hrm, that's given me a perspective I hadn't put much thought into until reading your comment. Thanks for that.

Taking your comment a bit further, I wonder if handing people free games all the time may devalue other games. If someone has 100+ free games already , they may be less likely to pay for games. I tend to purchase a lot of games, and even I'm hesitant to buy on EGS, thinking whatever game may be free soon.

We see this already on the bundle scene - there is a vast group of people who are absolutely unwilling to buy a game until it's either bundled or at an extreme discount.

This is all speculation sprinkled with personal experience, obviously.

3 years ago
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i think handing over free games deavlues them like you said with bundled games. one thing i also noticed are the peoples commenting on twitter or reddit always demanding free games from epic. they are not grateful or happy. they demand it. epic deserves it in my opinion because they are trying to compete with steam with their anti consumer bullshit.

tim sweeney basicaly said the end justifies the means. his goal is to destroy steam and he would try to do anything for it. at the end its like a little ant is trying to fight off a giant elephant. lets see how long it will go.

3 years ago
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Yeah I noticed those whining people on epic local facebook page, so many of them were damning epic for not giving those games which were in that stupid fake list (The one which contained horizon zero dawn) and giving other games than them

3 years ago
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I spent a fair bit of money.. I mean c'mon COUPON ON Dragon Quest XI S!? I could not resist!!!!! O_O Along with Journey, and Bee Simulator for my wife. :]

Plus, the free games (paired with many of them being DRM-Free) is a major plus for me! :D

3 years ago
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I've spent $0, ignored the coupons I got, and took every freebie. :-)

Don't need more launchers. Steam, Uplay, GOG, and Origin are already plenty.

3 years ago
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So if you don't need more launchers why bother redeeming the free games? It seems like you'll never bother playing them.

3 years ago
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Well, I also take free games from the EGS, if I don't forget. Just because most of these games are pretty good and I finished them (or bought, but haven't reached them yet) a long time ago in Steam for example. Since the EGS pays developers for such free copies, it's not difficult for me to support them again. Maybe this guy thinks in a similar way.

3 years ago
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I can see that. Do they get paid for each redeemed copy though or do they get a lump sum?

3 years ago
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Idk for sure, I guess EGS pays for each copy.

3 years ago
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Maybe snowstorm´s making use of the ,unlike STEAMs, official integration of EPIC into GOG Galaxy??
just saying ..

3 years ago
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You still need to download and install the Epic launcher to play the games on it even if you go through Galaxy.

3 years ago
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Have not tried myself yet, so I wasn´t aware
thanks for the clarification

3 years ago
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No problem. Ya, it's just like Origin or Uplay where the launcher needs to be installed to play their games on anything else.

3 years ago
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Kinda obvious - which company in their right mind would give up on collecting user data when they have the chance these days.
I should have thought of that, not to forget the whole DRM aspect.
So, if I understood what you are saying correctly, basically when I access my STEAM/EPIC whatever account via Galaxy I will have both launchers running ..

3 years ago
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Yep that is correct.

3 years ago
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Steam had about 495 million user accounts near the end of 2017 and SteamSpy estimated their revenue that year to be ~4.3 billion, which would be about $8.68 per account.

I think the fact that third-party games only accounted for such a small fraction of revenue is the more intriguing number.

3 years ago
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I've bought some games from them. Coupons gave me certain games cheaper than they've been on Steam so why not. I'm really just waiting for the achievements and profile which they said is getting more focus this year for QoL. Their roadmap updated the achievements part last month so it's getting closer.

I could care less if I have to use another launcher. I use Galaxy, Steam, Uplay, Origin so it doesn't bother me to use Epic.

3 years ago
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idk if any1 has brought it up yet.
epic vrs google and apple

https://www.cnn.com/2021/02/10/tech/tim-sweeney-epic-games-risk-takers/index.html

3 years ago
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it's been discussed several times.
I think, from a legal perspective, that Epic made a few mis-steps in this battle. I wish them the best of luck, but a better approach would be to lobby the government to turn Iphone & Android into common carriers. I.E. Apple & Android can charge a reasonable fee for the backbone/network, but must allow equal access to all. At least in the US, in the current political climate, there are a lot of politicians who would be receptive to that argument.
Think of it like the phone company or the electric grid, where customers can choose from different providers but everyone uses the same cables.

3 years ago
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i just did a ctrl+f for google n apple and it didnt see anything come up on this page so i figured id pass the news along if people didnt hear.

from my perspective its the exclusive's vrs anti privacy and anti right to repair. i dont feel for any of them.

3 years ago
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3 years ago
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After reading the article myself I´m inclined to say, let´s f*ing hope so!

3 years ago
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And just think of all the money they spent for the exclusive rights to AAA games and what they must have spent to give away games to entice people to sign up. So $700m in sales, but this sounds like their profitability may have been in the red.

3 years ago
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I doubt they are in the red. They still have money coming in from Fortnite on consoles and phones and also any other game they own like Rocket League. The $700 million in sales is only on the Epic Store sales which $265 million of that was from third-party sales. Also, all the v-bucks and battlepasses for their games are not purchased on the store but in-game so who knows if those numbers are even included in the $700 mil

A lot of people hate them but they aren't hurting for sales or money. Their user numbers keep going up too so it sounds like more and more people are using the launcher and store.

3 years ago
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Assuming they have to make some payment to the publishing companies for those games they handed out, that should put them in the red as far as Epic Store operations are concerned. Keep in mind other overhead on top of this. In any case, I am sure Epic factored all of this stuff into its projections and business plan. But I think Steam will be hard to dislodge, and it will be an uphill battle. If EA couldn’t do it, I find it difficult to think that Epic can, at least without some truly disruptive strategy, which I just don’t see. It will be interesting to see how it plays out.

The hate seems irrational but is probably short-term selfishness. Competition is good. I think it is just that people are annoyed that they will have to buy into a new platform or forego a game.

3 years ago
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