Sci-tech

Epic Games Reportedly Grossed $3 Billion in Profit This Year

Epic Games Reportedly Grossed $3 Billion in Profit This Year”

Fortnite creator, Epic Games, has since responded to the backlash, via a statement posted to Reddit.

Fortnite, now on its seventh season, is a free to play game.

Despite originally coming out as a multiplayer survival game with zombies, Fortnite's battle royale mode brought the game from a forgettable survival title to a battle royale hit, causing the Epic Games 2018 earnings to be so high.

Fortnite has become the most popular game in the world, with millions of active players. The report cites "a source close to the business", since Epic Games is not a public company and therefore does not share its financial data. This is super impressive and every other company who purchased stocks in Epic Games must be pleased with this news.

Few months ago, an Xbox One S Fortnite bundle was announced similarly to what happened with Nintendo Switch and PS4.

Epic Games later clarified the Save the World rollout is set for 2019 after the holidays conclude. Analysts assume that at least 2 billion dollars of profit from Fortnite were recorded. But in November, according to estimates from Sensor Tower, iOS users spent $1,23 million a day.

That is, of course, when Fortnite was fresh on iOS, non-existent on Android and with fewer overall players. Which is basically the move to a freemium model, rather than relying simply on game sales.

Tencent, which publishes Fortnite in China, did release the game in the country but it hasn't been able to draw revenue from it yet.

For context, the Eon Bundle said that it included "the full game and additional add-on content" which confused some people into thinking this included the Save the World mode.

Fortnite has continued to be an overnight star for Epic Games.

Epic isn't just holding onto the golden goose that is Fortnite though, having recently launched their own Epic Games Store.



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