Headlines & Highlights
Sony invests $250 million in Fortnite maker Epic Games
The companies said the deal cements an already close relationship and reinforces their shared goal to advance the state of the art in technology, entertainment, and socially connected online services. This close relationship was underscored in May when Epic first showed the upcoming Unreal Engine 5 graphics running on a PlayStation 5. As the company itself has disclosed, Epic Games raised $1.58 billion in three previous funding rounds. In 2012, the company received a $330 million investment from Tencent for a 40% ownership stake.
Happy Birthday Fortnite Fans! Starting July 24th, we'll be celebrating #Fortnite3rd with a limited time in-game event!