{"id":42955,"date":"2020-07-11T00:02:00","date_gmt":"2020-07-11T00:02:00","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=2647644"},"modified":"2020-07-11T00:02:00","modified_gmt":"2020-07-11T00:02:00","slug":"sony-invests-250m-in-epic-games-creator-of-fortnite-and-unreal-engine","status":"publish","type":"post","link":"http:\/\/ipsnews.net\/business\/2020\/07\/11\/sony-invests-250m-in-epic-games-creator-of-fortnite-and-unreal-engine\/","title":{"rendered":"Sony invests $250M in Epic Games, creator of Fortnite and Unreal Engine"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"233\" height=\"24\" src=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2020\/07\/4126-logo-1-694.png\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"\" style=\"display: block; margin-bottom: 5px; clear:both;max-width: 100%;\" link_thumbnail=\"\" \/><\/p>\n<p>Sony has announced it has invested $250 million in Epic Games, the developer and distributor of the popular game Fortnite, which is also the creator of Unreal Engine. In a statement, the Japanese company has revealed it now owns a 1.4% stake of Epic, and the deal will lead to building &ldquo;a more open and accessible digital ecosystem for all consumers and content creators&rdquo;.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"inline-image\" src=\"https:\/\/fdn.gsmarena.com\/imgroot\/news\/18\/08\/fortnite-skips-play-store\/-727\/gsmarena_001.jpg\" alt=\"Sony invests $250M in Epic Games, owner of Fortnite and creator of Unreal Engine\" width=\"557\" height=\"371\" \/><\/p>\n<p>Epic Games has remained impartial to cross-platform technology, but analysts predict that Sony might get an edge in the upcoming battle of PS5 vs Xbox Series X. Sony CEO Kenichiro Yoshida said Epic&rsquo;s technology keeps it &ldquo;at the forefront of game development&rdquo; and that is best seen in the features of Fortnite.<\/p>\n<p>Unreal Engine is also a key part of the gaming industry, being a fundamental toolset for building many popular games.<\/p>\n<p>Epic CEO Tim Sweeney also said that both companies &ldquo;have created businesses at the intersection of creativity and technology and they share a vision of real-time 3D social experiences&rdquo;. This is obviously a nod to the Fortnite live concerts that took place earlier this year and Sony might be able to bring some of its know-how and users to the universe of the popular game.<\/p>\n<p class=\"tags\">\n<div><strong>See Campaign: <\/strong><a href=\"https:\/\/www.gsmarena.com\/sony_invests_250m_in_epic_games_owner_of_fortnite_and_creator_of_unreal_engine-news-44205.php\" target=\"_blank\">https:\/\/www.gsmarena.com\/sony_invests_250m_in_epic_games_owner_of_fortnite_and_creator_of_unreal_engine-news-44205.php<\/a><br \/><b>Contact Information:<\/b><br \/>Yordan <\/p>\n<p><b>Tags:<\/b><br \/><a href=\"\"><\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/wire\/\" rel=\"category tag\">Wire<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/global-regions\/united-states\/\" rel=\"category tag\">United States<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/language\/english\/\" rel=\"category tag\">English<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"\" alt=\"image\" width=\"400\" height=\"300\" class=\"cwdfimg\" \/><\/div>\n<div>\n<h3>Contact Information:<\/h3>\n<p>Yordan <\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"233\" height=\"24\" src=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2020\/07\/4126-logo-1-694.png\" alt=\"\">Sony has announced it has invested $250 million in Epic Games, the developer and distributor of the popular game Fortnite, which is also the creator of Unreal Engine. In a statement, the Japanese company has revealed it now owns a 1.4% stake of Epic, and the deal will lead to building &ldquo;a more open and &hellip; <a href=\"https:\/\/icrowdnewswire.com\/2020\/07\/10\/sony-invests-250m-in-epic-games-creator-of-fortnite-and-unreal-engine\/\">Continue reading <span>Sony invests $250M in Epic Games, creator of Fortnite and Unreal Engine<\/span><\/a> <a href=\"http:\/\/ipsnews.net\/business\/2020\/07\/11\/sony-invests-250m-in-epic-games-creator-of-fortnite-and-unreal-engine\/\" class=\"more-link\">Continue Reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":106,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,22,54],"tags":[],"class_list":["post-42955","post","type-post","status-publish","format-standard","hentry","category-english","category-united-states","category-wire"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Sony invests $250M in Epic Games, creator of Fortnite and Unreal Engine - Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ipsnews.net\/business\/2020\/07\/11\/sony-invests-250m-in-epic-games-creator-of-fortnite-and-unreal-engine\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sony invests $250M in Epic Games, creator of Fortnite and Unreal Engine - Business\" \/>\n<meta property=\"og:description\" content=\"Sony has announced it has invested $250 million in Epic Games, the developer and distributor of the popular game Fortnite, which is also the creator of Unreal Engine. In a statement, the Japanese company has revealed it now owns a 1.4% stake of Epic, and the deal will lead to building &ldquo;a more open and &hellip; Continue reading Sony invests $250M in Epic Games, creator of Fortnite and Unreal Engine Continue Reading &rarr;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ipsnews.net\/business\/2020\/07\/11\/sony-invests-250m-in-epic-games-creator-of-fortnite-and-unreal-engine\/\" \/>\n<meta property=\"og:site_name\" content=\"Business\" \/>\n<meta property=\"article:published_time\" content=\"2020-07-11T00:02:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2020\/07\/4126-logo-1-694.png\" \/>\n<meta name=\"author\" content=\"Waqas Awan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Waqas Awan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ipsnews.net\/business\/2020\/07\/11\/sony-invests-250m-in-epic-games-creator-of-fortnite-and-unreal-engine\/\",\"url\":\"https:\/\/ipsnews.net\/business\/2020\/07\/11\/sony-invests-250m-in-epic-games-creator-of-fortnite-and-unreal-engine\/\",\"name\":\"Sony invests $250M in Epic Games, creator of Fortnite and Unreal Engine - 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