What Sony is after with minority stake in Epic Games

 What Sony is after with minority stake in Epic Games

Sony has purchased a minority Epic Games, the maker of Fortnite and the Unreal Engine game development platform. So, are you wondering why Sony spent $250 million for a minority stake, what does Sony get out of this deal?

First, the investment will let the two companies “broaden their collaboration across Sony’s leading portfolio of entertainment assets and technology, and Epic’s social entertainment platform and digital ecosystem to create unique experiences for consumers and creators, ” according to the press release. If the above statement is any indication, Sony and Epic Games have some big future plans ahead regarding, “social entertainment platform and digital ecosystem.”

“Epic’s powerful technology in areas such as graphics places them at the forefront of game engine development with Unreal Engine and other innovations. There’s no better example of this than the revolutionary entertainment experience, Fortnite. Through our investment, we will explore opportunities for further collaboration with Epic to delight and bring value to consumers and the industry at large, not only in games, but also across the rapidly evolving digital entertainment landscape.”

The Angle

Sony is more than the maker of PlayStation, it is a major media platform in both music and entertainment, and if the recent live music Fortnite shows like Travis Scott’s are any indication of the success of such events then Sony wants to get in early.

We share a vision of real-time 3D social experiences leading to a convergence of gaming, film, and music.

Tim Sweeney, Founder and CEO of Epic.

“Sony and Epic have both built businesses at the intersection of creativity and technology, and we share a vision of real-time 3D social experiences leading to a convergence of gaming, film, and music. Together we strive to build an even more open and accessible digital ecosystem for all consumers and content creators alike,” said Tim Sweeney, Founder and CEO of Epic.

Will Epic game titles now be exclusive to PlayStation?

The current deal does not include any language that makes all future Epic titles exclusive to Sony’s gaming consoles. Epic Games will still be able to publish their games for other platforms, such as the Microsoft Store on Xbox, Windows, Apple’s iOS app store, Google Play Store, Samsung Galaxy Store and so on, according to VentureBeat. This does not rule out however that no future Epic titles will be exclusive to PlayStation, so stay tuned.

Will there be a Fortnite Edition PS5?

Both Sony and Microsoft make a number of limited-edition consoles and the former has made a Limited-Edition Fortnite Xbox One S, so it is highly likely we will see it in the future, but Sony and Epic Games plans are much bigger than just a limited-edition console.

Sony & Epic Games

“the next-gen consoles are going to give consumers a quantum leap, and UE5 is another leap on top of that.”

Kim Libreri, Epic Chief Technology Officer

“We’ve been working super close with Sony for quite a long time on storage,” Sweeny says. “The storage architecture on the PS5 is far ahead of anything you can buy on anything on PC for any amount of money right now. It’s going to help drive future PCs. [The PC market is going to see this thing ship and say, ‘Oh wow, SSDs are going to need to catch up with this.”

“Sony has really done an awesome job of architecting a great system”

Tim Sweeney, CEO of Epic Games

“Sony has really done an awesome job of architecting a great system,” says Sweeney. “The storage architecture on the PS5 is far ahead of anything you can buy on anything on PC for any amount of money right now. It’s going to help drive future PCs. They’re going to see this thing ship and say, ‘Oh wow, SSDs are going to need to catch up with this.” The PS5, combined with tools like UE5, will enable “nothing but seamless, continuous worlds, and you can have this degree of fidelity going on for as many kilometers and gigabytes as you wish,” Sweeney adds.

Conclusion

What will the future of “real-time 3D social experiences leading to a convergence of gaming, film, and music” look like? Sony and Epic Games are building that future now and we all get to enjoy it.

What are you looking forward to the most in the Sony + Epic Games deal? Let us know in the comments below.