Sony and Epic Games have announced a strategic investment that will see the Japanese company acquire a minority interest in Epic for USD250 million (~RM1 billion).
According to Soya Cincau, the partnership will see Sony leverage off Epic’s game development technology, with future collaborations to range from games to “digital entertainment” as a whole.
It is worth noting that this investment does not buy Sony any sort of exclusivity over Epic Games’ range of video game titles including Fortnite. Instead, the partnership will allow Sony and Epic to “broaden their collaboration” by leveraging off the former’s technology assets and the latter’s digital ecosystem.
What’s also interesting is the mention of a shared vision of “real-time 3D social experiences” that will intersect the gaming, film, and music genres. It appears that Fortnite’s success as a cultural gaming phenomenon, as mentioned by Yoshida, is the type of “experience” that Sony is looking to recreate, and expand upon.
Other than that, VentureBeat reports that the game company is valued at a staggering USD17.86 billion (~RM76 billion). However, the investment marks a continuing bond between Sony and Epic Games, with Epic Games once using a PlayStation 5 demo to showcase their latest game engine, the Unreal Engine 5.
Not only that, Sony has also worked with Epic Games to enable cross-platform play for Fortnite, along with Microsoft’s Xbox, the Nintendo Switch, and the PC platform. Fortnite, on its own, is described as “the world’s largest game”, with more than 350 million registered accounts and 2.5 billion friend connections made over the platform.