The next batch of free Epic Games Store titles has been revealed and it includes the sci-fi adventure game Deliver Us Mars.
07.11.2023 - 17:55 / gamespot.com / George Yang / Tim Sweeney / Steve Allison
Epic Games admitted this fact in court.
By George Yang on
The Epic Games Store has not become profitable, even after five years on the market. The company revealed this during the Epic vs Google trial.
According to The Verge, Epic Games general manager and vice president Steve Allison said on the witness stand that the store isn't profitable yet. However, Epic's goal for its PC games storefront is still growth.
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Epic launched its online digital storefront for games in December 2018. It was supposed to be a competitor to the near-complete dominance of Valve's Steam storefront. Epic attempted to differentiate itself by offering a better revenue split with game developers, giving an 88% of revenue generated as opposed to Steam's 70%.
Additionally, Epic also paid for timed exclusivity for some PC games, but this strategy wasn't received well by everyone. Some timed exclusives were pricey, too. Epic paid $146 million to secure Borderlands 3 timed exclusivity and that was only for six months rather than the typical 12-month window. Back in 2021, Epic Games CEO Tim Sweeney admitted that the storefront had not turned a profit yet, and that's still the case in 2023.
Unfortunately, Epic Games laid off more than 800 employees in September. At the time CEO Tim Sweeney said the company had «been spending way more money than we earn.»
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The next batch of free Epic Games Store titles has been revealed and it includes the sci-fi adventure game Deliver Us Mars.
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The Google antitrust trial, to determine whether or not the company's Android marketplace, Google Play Store, has put in place monopolistic policies to keep competition out and impact any app's distribution that does not want to be placed in its marketplace due to its high commission fee, is still ongoing. On its ninth day, when Epic Games CEO Tim Sweeney also gave his testimony, Google's own representatives also made a shocking revelation where it was found that Spotify gets preferential treatment from Google and does not pay any commission fee for the transactions that take place directly on the platform's end.
The Google antitrust lawsuit, based on filings by Fortnite publisher Epic Games has completed nine days, and in this time we have seen some big revelations being made. Google CEO Sundar Pichai revealed that the company pays Apple up to 18 billion dollars a year for the default iPhone search position, and Google's partnerships boss Don Harrison said that Spotify pays zero percent when users decide to use Spotify's payment system, and between 6 to 10 percent when it is made through Google's channels. On day nine, Epic CEO Tim Sweeney was sworn in for testimony. These were the ten big revelations to come from it.
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The Epic Games Store’s next free title has been confirmed.
The Epic Games Store’s next free titles have been announced.
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Almost five years since it launched - and two years after Epic revealed they hoped to gobble up half of all PC gaming revenue - the Epic Games Store is still yet to turn a profit.