For several years now, Epic Games has been engaged in a fierce legal battle with Apple and Google over the 30% commission they charge and the alleged “walled gardens” of app distribution on iOS and Android devices through the App Store and Google Play. While they’ve managed to secure some concessions, they’ve also endured significant financial losses as a result. To give you an idea of the scale, Tim Sweeney recently disclosed that it cost over $1 billion to launch Epic Games Store in mobile markets, and they anticipate spending billions more in the coming years.
In a recent discussion, Sweeney addressed the topic of the Epic Games Store (EGS) on mobile devices, including its ongoing legal disputes with tech giants like Apple and Google. During this conversation, he explained various aspects influencing the investment cost in the Epic Games Store. While Sweeney highlighted that a significant portion of the over $1 billion already invested in the store is due to their decision to re-invest in growth, he also acknowledged that a substantial chunk of the approximately $1 billion spent annually is being directed towards transitioning EGS onto mobile platforms, which encompasses the legal battles with Apple and Google.
Sweeney expresses continued faith in Epic Games’ financial backing, particularly during their ongoing court cases: (In this case, “continuing its investment” is replaced with “financial backing” and “legal battles” are used instead of “especially in its legal battles”.)
It’s important to mention that Epic Games has managed to secure advantages in its legal battle, such as re-establishing the Epic Games Store and Fortnite on mobile devices across Europe through the Digital Markets Act regulations. On the other hand, they also underwent a significant reduction in workforce by dismissing approximately 900 employees in 2023 to reduce expenses.
As a gamer myself, I’ve got to say, it looks like Tim Sweeney and Epic Games are holding their ground with this investment. The future’s uncertain, but we’ll see where things go as they take on Apple and Google in court. Plus, there’s talk about expanding the Epic Games Store to more mobile regions. Keep your eyes peeled for more updates on this intriguing topic!
Read More
- The Last of Us Season 2 Episode 2 Release Date, Time, Where to Watch
- Beauty in Black Part 2 Trailer Previews Return of Tyler Perry Netflix Show
- Paradise Season 2 Already Has a Release Date Update
- Who Is Christy Carlson Romano’s Husband? Brendan Rooney’s Job & Kids
- Who Is Kid Omni-Man in Invincible Season 3? Oliver Grayson’s Powers Explained
- What Happened to Daniel Bisogno? Ventaneando Host Passes Away
- Why Is Ellie Angry With Joel in The Last of Us Season 2?
- Why Was William Levy Arrested? Charges Explained
- Jr NTR and Prashanth Neel’s upcoming project tentatively titled NTRNEEL’s shoot set to begin on Feb 20? REPORT
- Gold Rate Forecast
2025-01-25 00:27