{"id":42481,"date":"2020-07-10T16:10:00","date_gmt":"2020-07-10T16:10:00","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=2646972"},"modified":"2020-07-10T16:10:00","modified_gmt":"2020-07-10T16:10:00","slug":"sony-invests-250-million-in-fortnite-developer-epic-games","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2020\/07\/10\/sony-invests-250-million-in-fortnite-developer-epic-games\/","title":{"rendered":"Sony invests $250 million in \u2018Fortnite\u2019 developer Epic Games"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"233\" height=\"24\" src=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2020\/06\/4001-logo.png\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"\" style=\"display: block; margin-bottom: 5px; clear:both;max-width: 100%;\" link_thumbnail=\"\" \/><\/p>\n<div class=\"o-title_mark@tp+ bc-gray-1 col-10-of-12@tl+\">\n<div class=\"t-d7@m- t-d4@tp t-d3-b@tl t-d2@d mt-15 mt-25@tp c-gray-3 c-gray-6@m-\">The deal gives Sony a minority stake in the company.<\/div>\n<\/div>\n<section id=\"engadget-article-meta-bar\" class=\"o-meta_bar@tl+          mt-35 mt-20@m-\" data-ylk=\"sec:articlemetabar;itc:0;\">\n<div class=\"grid@tl+\">\n<div class=\"grid@tl+__cell col-12-of-12@tp col-5-of-12@tl+ vm\"><img decoding=\"async\" src=\"https:\/\/o.aolcdn.com\/images\/dims?thumbnail=640%2C&amp;quality=95&amp;image_uri=https%3A%2F%2Fs.yimg.com%2Fos%2Fcreatr-images%2F2020-07%2Fb0ef6e70-c213-11ea-8713-aca5c7a65af6&amp;client=amp-blogside-v2&amp;signature=37a16e22fbb14211b57817c8f969d0bb5ae73038\" alt=\"Epic Games booth for the game Fortnite is shown at E3, the annual video games expo experience the latest in gaming software and hardware in Los Angeles, California, U.S., June 12, 2019.  REUTERS\/Mike Blake\" \/><\/div>\n<div class=\"grid@tl+__cell col-12-of-12@tp col-5-of-12@tl+ vm\">\n<div id=\"engadget-post-contents\" class=\"o-article_block pb-15 pb-5@m- o-subtle_divider\" data-ylk=\"sec:postcontents;slk:Sony%20invests%20%24250%20million%20in%20%E2%80%98Fortnite%E2%80%99%20developer%20Epic%20Games;elm:link;itc:0;\">\n<div class=\"grid@tl+\">\n<div class=\"grid@tl+__cell col-8-of-12@tl+\">\n<div class=\"article-text c-gray-1\">\n<p>Sony is making a significant investment into&nbsp;<em>Fortnite<\/em>&nbsp;developer Epic Games. The $250 million deal will give the PlayStation maker a minority stake in the company, which is also makes the Unreal Engine developer platform.&nbsp;<\/p>\n<p>In a statement, the companies noted they have &ldquo;an already close relationship,&rdquo; and that the investment allows them to &ldquo;broaden their collaboration.&rdquo;<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div class=\"o-article_block pb-15 pb-5@m- mt-n35 mt-n25@m mt-n15@s\">\n<div class=\"grid@tl+\">\n<div class=\"full-width@tp- grid@tl+__cell col-8-of-12@tl+\">\n<div class=\"article-text c-gray-1 no-review\">\n<p>&ldquo;Epic&rsquo;s powerful technology in areas such as graphics places them at the forefront of game engine development with Unreal Engine and other innovations,&rdquo; Sony CEO Kenichiro Yoshida said in a statement. &ldquo;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.&rdquo;<\/p>\n<p>Though Epic is perhaps best known for its battle royale juggernaut&nbsp;<em>Fortnite<\/em>, the investment will give Sony a greater foothold in the technology behind some of the most popular games, as well as an opportunity to work together on more hybrid gaming-meets-digital-entertainment experiences, like those&nbsp;<a href=\"https:\/\/www.engadget.com\/fortnite-travis-scott-astronomical-051908825.html\">pioneered by&nbsp;<em>Fortnite<\/em><\/a><em>.<\/em><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n<p class=\"tags\">\n<div><strong>See Campaign: <\/strong><a href=\"https:\/\/www.engadget.com\/fortnite-travis-scott-astronomical-051908825.html\" target=\"_blank\">https:\/\/www.engadget.com\/fortnite-travis-scott-astronomical-051908825.html<\/a><br \/><b>Contact Information:<\/b><br \/>Karissa Bell<\/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>Karissa Bell<\/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\/06\/4001-logo.png\" alt=\"\">The deal gives Sony a minority stake in the company. Sony is making a significant investment into&nbsp;Fortnite&nbsp;developer Epic Games. The $250 million deal will give the PlayStation maker a minority stake in the company, which is also makes the Unreal Engine developer platform.&nbsp; In a statement, the companies noted they have &ldquo;an already close relationship,&rdquo; &hellip; <a href=\"https:\/\/icrowdnewswire.com\/2020\/07\/10\/sony-invests-250-million-in-fortnite-developer-epic-games\/\">Continue reading <span>Sony invests $250 million in &lsquo;Fortnite&rsquo; developer Epic Games<\/span><\/a> <a href=\"https:\/\/ipsnews.net\/business\/2020\/07\/10\/sony-invests-250-million-in-fortnite-developer-epic-games\/\" class=\"more-link\">Continue Reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":47,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,22,54],"tags":[],"class_list":["post-42481","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 $250 million in \u2018Fortnite\u2019 developer Epic Games - 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\/10\/sony-invests-250-million-in-fortnite-developer-epic-games\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sony invests $250 million in \u2018Fortnite\u2019 developer Epic Games - Business\" \/>\n<meta property=\"og:description\" content=\"The deal gives Sony a minority stake in the company. Sony is making a significant investment into&nbsp;Fortnite&nbsp;developer Epic Games. The $250 million deal will give the PlayStation maker a minority stake in the company, which is also makes the Unreal Engine developer platform.&nbsp; In a statement, the companies noted they have &ldquo;an already close relationship,&rdquo; &hellip; Continue reading Sony invests $250 million in &lsquo;Fortnite&rsquo; developer Epic Games Continue Reading &rarr;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ipsnews.net\/business\/2020\/07\/10\/sony-invests-250-million-in-fortnite-developer-epic-games\/\" \/>\n<meta property=\"og:site_name\" content=\"Business\" \/>\n<meta property=\"article:published_time\" content=\"2020-07-10T16:10:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2020\/06\/4001-logo.png\" \/>\n<meta name=\"author\" content=\"Bilal\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Bilal\" \/>\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\/10\/sony-invests-250-million-in-fortnite-developer-epic-games\/\",\"url\":\"https:\/\/ipsnews.net\/business\/2020\/07\/10\/sony-invests-250-million-in-fortnite-developer-epic-games\/\",\"name\":\"Sony invests $250 million in \u2018Fortnite\u2019 developer Epic Games - 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