Epic CEO: Our Company Is Now Financially Sound; Gamers Gravitate Towards Live Service Multiplayer

Epic Games shared some big announcements for game developers at Unreal Fest Seattle 2024, revealing the new features of Unreal Engine 5 and reducing the royalty fee for games that launch on the Epic Games Store at the same time as other stores. However, before all these announcements, Epic founder, CEO, and main stakeholder Tim Sweeney addressed the viewers with an interesting speech. First, he remarked that following last year’s layoffs, Epic is now solid from a financial standpoint and has registered record numbers for Fortnite and the store. Secondly, Sweeney discussed the growing importance of live service multiplayer in […]

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