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Sad news. They have a 50 million (!) player base, 350k+ online right now. That means over a billion USD in revenue, probably way more with crates/keys taken int

Sad news. They have a 50 million (!) player base, 350k+ online right now. That means over a billion USD in revenue, probably way more with crates/keys taken into account. Unless the cost of their server infrastructure got wildly out of control, why would a company that is raking in cash sell out?

user5994461 8y ago
Plot twist: They already sold out. Epic Games was acquired by Tencent in 2012. It's one of the big Chinese companies, like Google in the US.
- mxd3 8y ago
  Tencent owns less than 50% of Epic, FWIW.
  - drusepth 8y ago
    Just for clarity, Tencent bought a 40% stake in Epic in 2012 [1]. I don't know if this ownership percentage has changed since then. [1] https://www.investopedia.com/news/how-tencent-changed-fortnite-creator-epic-games-fortunes/ https://www.investopedia.com/news/how-tencent-changed-fortni...
asciimov 8y ago
Epic has F-You Money. Epic needs users. Epic bought publisher of a highly popular game their users. Psyonix sold out, because at everything is has its price. Expect Epic to forcibly migrate Rocket League Steam users. They will turn RL Steam into an Epic launcher and all current RL Steam users are suddenly Epic users. For Psyonix and Epic there is no real downside. If you care about this decision, you're not in their demographic, and probably didn't help them generate their F-You Money.
- ricardobeat 8y ago
  > If you care about this decision, you're not in their demographic, and probably didn't help them generate their F-You Money I've bought their game in three different platforms.
  - canadaj 8y ago
    I interpreted parent comment as "you're not in [Epic's] demographic, and probably didn't help [Epic] generate their F-You Money", as a reference to the money gathered from Fortnite. Unless of course you are referring to the paid version of Fortnite, but I don't think that's clear from your comment.
  - ripdog 8y ago
    He was referring to Fortnite BR, where Epic made their f-you money.

user5994461 8y ago

Plot twist: They already sold out. Epic Games was acquired by Tencent in 2012. It's one of the big Chinese companies, like Google in the US.

mxd3 8y ago
Tencent owns less than 50% of Epic, FWIW.
- drusepth 8y ago
  Just for clarity, Tencent bought a 40% stake in Epic in 2012 [1]. I don't know if this ownership percentage has changed since then. [1] https://www.investopedia.com/news/how-tencent-changed-fortnite-creator-epic-games-fortunes/ https://www.investopedia.com/news/how-tencent-changed-fortni...

asciimov 8y ago

Epic has F-You Money. Epic needs users. Epic bought publisher of a highly popular game their users. Psyonix sold out, because at everything is has its price. Expect Epic to forcibly migrate Rocket League Steam users. They will turn RL Steam into an Epic launcher and all current RL Steam users are suddenly Epic users. For Psyonix and Epic there is no real downside. If you care about this decision, you're not in their demographic, and probably didn't help them generate their F-You Money.

ricardobeat 8y ago
> If you care about this decision, you're not in their demographic, and probably didn't help them generate their F-You Money I've bought their game in three different platforms.
- canadaj 8y ago
  I interpreted parent comment as "you're not in [Epic's] demographic, and probably didn't help [Epic] generate their F-You Money", as a reference to the money gathered from Fortnite. Unless of course you are referring to the paid version of Fortnite, but I don't think that's clear from your comment.
- ripdog 8y ago
  He was referring to Fortnite BR, where Epic made their f-you money.