Epic Games claims to be ‘financially sound’ with new concurrency records for Fortnite and EGS

    
3
Burn it all.

If anyone was harboring a concern for the financial health of Epic Games, then let the soothing words of some of the company’s execs put your worry-rattled mind at ease as they opened the Unreal Fest 2024 presentation with confirmation that things are just peachy-keen.

CEO Tim Sweeney opened by confirming that Fortnite a new peak of 110M monthly active users over the past holiday season, while Epic Games Store general manager Steve Allison announced that the digital game shop hit 70 million monthly active users last month.

“We spent the last year rebuilding and really executing solidly on all fronts [and] I’m happy to tell you now that the company is financially sound, and that Fortnite and the Epic Games Store have hit new records in concurrency and success,” said Sweeney in the presentation.

Of course, that reference to rebuilding is corporate shorthand for the fact that the company laid off over 800 employees last year followed by raised prices for items in Fortnite. But hey, all of that “effort” has paid off enough that Epic can afford the cost of a stage show. And it can also apparently continue to pay lawyers: The company is taking Google and Samsung to court over allegations that an auto-blocker is stopping access to alternative storefronts.

source: YouTube, GamesIndustry.biz 1, 2)
Previous articleLord of the Rings Online’s update 41.3 tweaks Nazgul attacks, dragon dungeon, and crafting event
Next articleNecesse’s latest update brings the plains biome to the game

No posts to display

Subscribe
Subscribe to:
3 Comments
newest
oldest most liked
Inline Feedback
View all comments