Epic Games is now 'financially sound,' CEO Tim Sweeney says - eviltoast
  • RightHandOfIkaros@lemmy.world
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    1 month ago

    Translation:

    “Yes, invest in our company, rich people. There is zero risk in investing in us, we are financially sound!”

  • meant2live218@lemmy.world
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    1 month ago

    I dislike the Epic Launcher and almost every move they’ve made as a company, but I’m glad that competition exists. People should have choices of where to get games, in ways that make sense for them. Unfortunately, I don’t really see a reason to choose EGS other than exclusives and freebies, but hopefully they actually develop it into a valid candidate.

    In general, having more publishers and storefronts and developers in a place of stability is good for the industry. It sucks when studios have to get shut down because the funding isn’t there.

    • Sibbo@sopuli.xyz
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      1 month ago

      Unfortunately, as long as all these storefronts sell mere subscriptions, players would suffer if any of them closes. Hence, players would benefit greatly from a monopoly that is too big too fail, since it prevents them losing games every few years when another steam/epic competitor closes doors.

      • Arbiter@lemmy.world
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        1 month ago

        Or just DRM free games that can run without a launcher.

        Since a monopoly launcher can hold your entire game library hostage if they so choose.

    • MudMan@fedia.io
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      1 month ago

      I agree. Unfortunately, despite both the company and the storefront making more money, the share of Epic Store revenue from third party game sales they’re reporting actually went down, both in relative and absolute terms.

      That sucks. It means that sure, Fortnite will keep that alternative afloat for as long as it keeps growing and stays popular, but it’s not really growing as a Steam alternative.

  • stoy@lemmy.zip
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    1 month ago

    Good, so when will they resume work on the abandoned Unreal Tournament game?

  • Krakaval@jlai.lu
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    1 month ago

    I bought only one game on Epic, all the others were free games. Most of them I have never opened. I’m now more patient and generally wait for games to be available on GOG.

  • shinratdr@lemmy.ca
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    1 month ago

    Fortnite is a money printing machine. Skins that cost pennies to make go in, and billions of dollars come out. How in the hell was it ever not “financially sound” other than pissing away money on badly executed lawsuits, timed exclusives on a formerly open platform and other assorted dick measuring contests?

    This guy is the worst. You’re not an underdog or a friend, you’re the worst kind of capitalist. The one who just stumbled upon a huge pile of cash and has no idea what to do with it, but is certain that he deserves it.

  • MyOpinion@lemm.ee
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    1 month ago

    Glad to hear it. Always great to see other options to steam making money.

    • bastion@feddit.nl
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      1 month ago

      Me too. It’s good for the market as a whole.

      returns to playing Steam games