2023 has been a busy year where new game releases are concerned, and the last few months have been doubly so, which means you may not have found the time to play all the games that you may have wanted to. If Alan Wake 2 was among them, the acclaimed survival horror title is currently being sold at a discounted rate on PC.
The Epic Games Store Still Isn’t Profitable Nearly Five Years After Launch
07.11.2023 - 14:12 / ign.com / Steve Allison
Epic’s expensive war with Valve over PC gamers’ cash still hasn’t paid off, the company has admitted.
The Epic Games Store launched nearly five years ago with eye-catching PC exclusives that cost the company behind Fortnite an arm and a leg to secure.
Since then, Epic has thrown bucketloads of cash at securing PC exclusives (Alan Wake 2 being the latest) and weekly free game giveaways in a bid to carve out a piece of the PC gaming pie. It’s even launched aggressive revenue terms for publishers and developers to try and attract more games to its platform.
Despite all this, the Epic Games Store is yet to turn a profit for Epic, and remains a loss leader as it approaches its fifth birthday in December. Confirmation comes from Epic itself during the ongoing Epic versus Google court case, as reported by The Verge.
Epic Games Store boss Steve Allison said on the witness stand that while the store isn’t profitable yet, Epic's "goal" is still growth. According to The Verge, emails revealed during the Epic versus Apple trial suggested the company was hoping to claim half of all PC gaming revenue.
It’s surely a disappointing situation for Epic, which recently suffered a devastating round of layoffs that saw hundreds of staff let go across Epic itself and its subsidiaries, including Fall Guys developer Mediatonic.
The Epic Games Store continues to offer publishers and developer an 88/12 revenue split, compared to Valve taking a 30% cut of Steam sales. Epic also launched the First Run programme, which trades 100% of revenue for six months of PC exclusivity. Back in March the company launched a suite of new self-publishing tools designed to help creators and publishers release their games onto the digital store in a more seamless fashion.
Steam, meanwhile, continues to dominate the PC gaming market. In January, Valve's service smashed its record for concurrent online users with just shy of 32 million players online.
Wesley is the UK News Editor for IGN. Find him on Twitter at @wyp100. You can reach Wesley at [email protected] or confidentially at [email protected].
The website gametalkz.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
Top Authors
Popular Topics
techradar.com
24.11.2023 / 19:27
Deliver Us Mars is the latest free Epic Games Store title on offer this week
The next batch of free Epic Games Store titles has been revealed and it includes the sci-fi adventure game Deliver Us Mars.
wccftech.com
24.11.2023 / 14:57
Deliver Us Mars Is Currently Free on the Epic Games Store
With the holiday season now in full swing, there's a pretty nice freebie available on the Epic Games Store: Deliver Us Mars. The sci-fi adventure game is a direct sequel to 2018's Deliver Us the Moon, taking place around ten years after the events that unfolded in the original game. Humans are closer than ever to extinction on Earth, and only a daring mission to the Red Planet to recover the ARK colony ships can change the fate of humankind.
gamingbolt.com
24.11.2023 / 10:49
Deliver Us Mars is Free on the Epic Games Store Till November 30th
The Epic Games Store has revealed its newest free game for the week – Frontier Foundry’s Deliver Us Mars. Launched earlier this year, it’s redeemable by Epic Games users until November 30th, 8 AM PST. However, you need to download the Epic Games Launcher to play it.
videogameschronicle.com
23.11.2023 / 17:09
The next free Epic Games Store titles have been announced
The Epic Games Store’s next free titles have been revealed.
pcgamer.com
22.11.2023 / 22:51
Those reusable Epic Games Store coupons are back for Black Friday, and the discount is even bigger this time
Black Friday is upon us in full force, and that means pretty much every digital storefront you care to name is having a big sale. The Epic Games Store is no exception, and for Black Friday it's once again brought back the Epic Coupon, which applies an automatic discount to every purchase you make. And this time, it's jacked up that discount amount to an impressive 33% off.
videogameschronicle.com
17.11.2023 / 11:25
The next free Epic Games Store title has been revealed
The Epic Games Store’s next free title has been confirmed.
wccftech.com
16.11.2023 / 12:37
Epic Games Store Black Friday 2023 Deals Leak Includes Major Discounts on FFVII Remake, AC Mirage, The Crew
Another day, another possible Black Friday deals leak. This time around, some of the Epic Games Store Black Friday 2023 deals have leaked.
videogameschronicle.com
09.11.2023 / 17:03
The next free Epic Games Store titles have been confirmed
The Epic Games Store’s next free titles have been announced.
rockpapershotgun.com
08.11.2023 / 19:07
Five years after it took on Steam, Epic Games Store is yet to make a penny of profit
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.
comingsoon.net
07.11.2023 / 22:27
The Epic Game Store Still Hasn’t Turned a Profit
The still isn’t profitable nearly five years after the platform launched. The storefront’s General Manager, Steve Allison, revealed as much when called to testify in Epic’s ongoing legal battle with Google.
gamesradar.com
07.11.2023 / 19:09
The Epic Games Store still isn't profitable, and users suspect the laggy launcher might have something to do with it
As part of an ongoing trial, an executive has revealed that the Epic Games Store still isn't profitable, and after years of roasting the Steam competitor the PC gaming community has some theories about why that might be.