Epic Games: Financially Sound

This is a news story, published by Verge, that relates primarily to Tim Sweeney news.

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Epic Games

Verge

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Epic has a plan for the rest of the decade

Summary

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73% Informative

Epic Games CEO Tim Sweeney says the company is now “financially sound” The company laid off around 16 percent of its employees over a year ago .

Sweeney says that reining in Epic ’s spending was part of what brought the company to this point.

He says Epic is working with Disney to build a Disney ecosystem that's theirs, but it fully interoperates with Fortnite .

Epic hopes to use revenue sharing to create incentives for item shops that people want to buy digital goods from and “sources of engagement” like Fortnite experiences.

“There’s no reason why we couldn’t have a federated way to flow between Roblox , Minecraft , and Fortnites ,” Epic EVP Saxs Persson says.

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informal

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English

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