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Epic Games Store tops $680 million in player spending and over 100 million users (free games promotion will continue through 2020)
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Twitch Prime give them out every month, but lately it's been very small indy stuff. One week or so they gave away around 20 games.
21 free games in July with Twitch Prime (includes Pillars of Eternity, Tacoma, Tyranny, and more)
Fantastic offering this month. Lots of great games on that list.
www.resetera.com
People that haven't picked up Sundered Eldritch Edition (free) this week, be sure to get it, it's really fun.
The $250m revenue probably doesn't equal $30m in Epic cut due to how their exclusive contracts work (they give the publisher/developer a guarantee, the publisher/developer will only start getting the normal split once that guarantee has been fulfilled) but I have a hard time believing that Epic was able to turn much of a profit at all with their store. The exclusive deals cost money, them fronting the discounts on their two sales cost them money, the free games costs them money, and then you have everything that goes into running the store.
It will be interesting to see what their strategy is this year. It seems like the exclusive deals have slowed down and we're going to start having more of the previous exclusives see their exclusivity timers run out. Do they keep doubling down and just keep trying to churn exclusive replacements through or do they take another tack?
It will be interesting to see what their strategy is this year. It seems like the exclusive deals have slowed down and we're going to start having more of the previous exclusives see their exclusivity timers run out. Do they keep doubling down and just keep trying to churn exclusive replacements through or do they take another tack?
I would count those "bought copies" as a different type of moneyhat that would be taken away from their total revenue. 12% for all sales would be the "best perfect situation that would mean no moneyhats on those games" . Better then? ;)
They will probably try to grab some big names this year, and if it doesn't work thay will probably close the doors and move on.
That means their revenue cut from 3rd party sales (30M out of 250M) only cover their 10 dollars coupon... if you add Control's exclusivity (10M), they're already in the red. That's not covering all the other exclusives and free games.
so you're trolling and then acting surprised when you get a rise out of anyone
i know a lot of people that only use the launcher to get the free games lol. they don't give a rats ass about the epic store otherwise. is that a viable business? i guess they hope that people get attached to their games library, but after talking to some friends they don't reyll care that much about their library since the games were free anyways and they have such a large backlog on steam to boot, so they will probably never come around to play them
I didn't know we had that number. For future reference, what's the source for it?
And yeah, that's bad. Epic can't possibly be making money this way, and that won't change in the foreseeable future.
Quoting myself:
https://www.theverge.com/2020/1/14/...e-users-number-cross-play-revenue-valve-steam
You have to go through so many pages that show the filtered version just to get to the unfiltered one that "I want to see more new games" is a bit headscratching.
The thing is (and correct me if I'm wrong) that we shouldn't even consider those numbers as profit at all. Users have spent $251M in third-party games, but Epic Games only gets a 12% of that, so we get those $30.12M.
However, it doesn't end here as we need to subtract the $23M that Epic Games has withstood via vouchers/coupons/discounts they've funded. It leaves us with just $7.12M, but we know that the Control exclusivity cost them $9.49M, so we're already in the red there and that's not even accounting how much Epic has spent in securing the other exclusives and free games.
I know this is their first year with the store and it's a time of pure investment, but those are extremely poor numbers.
However, it doesn't end here as we need to subtract the $23M that Epic Games has withstood via vouchers/coupons/discounts they've funded. It leaves us with just $7.12M, but we know that the Control exclusivity cost them $9.49M, so we're already in the red there and that's not even accounting how much Epic has spent in securing the other exclusives and free games.
I know this is their first year with the store and it's a time of pure investment, but those are extremely poor numbers.
You needed to do that to claim the game. EGS isn't needed to be open to launch Ubisoft games after that. A lot of EGS games are DRM free so you can link them to GOG, windows start menu, a folder, a desktop, or Steam library and forget it.
My friend group was quite keen on those December free games, some of which were pretty sweet tbh. Now that it's done, none of them care about anything else there. The amount of activity on the store seems pretty impressive, but not so much the revenue they have actually made from it. It must cost a ton to give out all those free games too.
It's from their infographic shared by gamesindustry.biz
Canada is the #10 most active country and still no CAD support. Cool
Are they really?
We don't know where Microsoft, Blizzard, GoG, and UPlay factor into this.
Honestly if the Fortnite money dries up, the EGS will have all of the wind taken out of its sails. Instead of buying users they'll have to earn them through services, to which they have none.
That's a pretty cool infographic, seeing Godfall on there makes me a bit excited even though I haven't seen more than that short twitter gameplay clip. It reminds me of Warframe a little bit, and For Honor with the melee focus.It's from their infographic shared by gamesindustry.biz
Gotta love people saying it's bad result when it's 60% better than their own forecast. As for me I'll still shop there whenever it's cheaper and I get free games, what's not to love.
The lack of regional pricing. Which is something you're also affected by as a Canadian lol
Those publishers better be paid good money for those delays, because by the time the Steam versions hit, they're bargain bin games with no more hype.
Metro Exodus isn't even out yet on Steam, and at this point who in their right mind would pay $40-$60 for it? Especially after it's been a $10 game and available on Game Pass. Even Borderlands 3 which is under $30 these days.
Meanwhile other games are filling their spot on Steam. Honestly I'm not even mad because despite Epic's $10 Winter Sale lure, I found that all of the games I actually wanted to buy were on Steam.
Man, those exclusives must have been pretty big numbers if the devs and pubs got suckered into the store with a forecast of 50 to 60 Million Dollars in revenue across 200 games in 1 year.
Either that, or Epic told the pubs and devs a different thing than what they forecasted themselves.
Just IMAGINE how utterly stupid it would be for big Publishers to invest in a Store that boasts about revenue numbers for 200 games in 1 year that you make alone with 1 game on your own.
So no, I don't think that Epic told publishers and developers they will only make 50 Million Dollars in sales.
Those are good numbers, considering it's competing with the world's larget and most successful PC storefront. It would be silly to assume that they did not expect a long expensive uphill battle.
Anyway, yay for more free games. The 10 USD off combined with regional pricing in my country was nice. Just add achievements already Epic.
Edit: removed "the 8 months" thing because it was not accurate.
Steam isnt a storefront, its a platform. EGS cant nor will compete agaisnt it.
Yeah, maybe it would be a good idea to update the title with the amount generated by third-party game sales because the total amount including Fortnite revenue frames the discussion in a misleading way.
They do, more than before 6.75% up from 5% (though they did also remove some paid options and those can no longer be used, so also less).
I assume it does since they say "These numbers reflect actual spending by customers".
Customer did spend those moneys and they are included in receipts too.
$251m on third party games is rather poor honestly.
The funny thing is that some people think that egs is a good thing for indies, when it's not: It's literally training consumers to depreciate the value of indie games by making so many of these indie games free on a consistent basis. After all, why would you pay money for a game that you will likely be able to get for free at some point?
I know you're saying this tongue-in-cheek, but this is literally what I'm doing these days. Unless I really, really want an indie game, I'm just going to wait now since there's a chance that it'll be available for free on egs at some point. And if it doesn't then oh well, I have a huge backlog already. Which means the indie dev in question just lost money.
The funny thing is that some people think that egs is a good thing for indies, when it's not: It's literally training consumers to depreciate the value of indie games by making so many of these indie games free on a consistent basis. After all, why would you pay money for a game that you will likely be able to get for free at some point?
They made 60% more than what they were expecting so yes, it does. It tells them that their strategy is working better than anticipated.
Again, read the OP more thoroughly next time?
Hmm I see, but i was looking to buy BL3 near launch this time around but the whole exclusivity thing just turned me off big time. Its so off-putting.
Except those who don't want Epic to secure 1-year exclusivity deals. That's still why everyone is mad.
Features or not. There's really no reason for developers and publishers to not add their games on EGS along with Steam at this point. Acording to Tim Sweeney EGS will open more widely later this year, and everyone will be able to add their games, except shovelware which Steam currently allows. That my also be Steam's weakest point.
Their strategy changed massively since launch, in ways that resulted in much larger expenditures. If their revenue didn't go up as well they'd be completely fucked.
They also said that they would be more open last year.
That seems like a point not brought up as much. Didn't they go from 1 game every two weeks to 2 games every week? That's gotta add up.
I'm surprised why no one's talking about, the monster that is Fortnite, that churned out USD $429M in 2019, ON THE PC ALONE. This is NOT including console revenue, which would easily cross $1.5B in total revenue.
300M registered accounts with 108M MAU/YAU paying customers is an incredible ratio, for a storefront.
As for their revenue from game distribution being peanuts, that's the entire point. As long as the golden goose, Fortnite, feeds them $2BN a year, they can continue/afford to take those peanuts.
There's going to be more exclusives on the EGS from now on, and by the looks of it, big ones probably.
As usual, Steam isn't going to be affected in the slightest or even in this equation honestly. They're far too big to even care.
300M registered accounts with 108M MAU/YAU paying customers is an incredible ratio, for a storefront.
As for their revenue from game distribution being peanuts, that's the entire point. As long as the golden goose, Fortnite, feeds them $2BN a year, they can continue/afford to take those peanuts.
There's going to be more exclusives on the EGS from now on, and by the looks of it, big ones probably.
As usual, Steam isn't going to be affected in the slightest or even in this equation honestly. They're far too big to even care.
Again, think for yourself instead of repeating PR.
HOW does 60% better than expected got major publishers like Ubisoft, Take2, etc. on board when that means that Epic forecasted a 12-month revenue number for over 200 games on the store to Publishers that make that kind of money with ONE game.
Actually, Fortnite has seen a big decrease (more than 25%) in revenue in the last year. So they do care about it.
Who at Epic is gonna determine what is good enough for their store and which games aren't? Look at Rune II for example, that game ended up being a mess and the devs bounced once they released it on EGS. Then you even have games that were on console with poor reviews getting exclusive deals like RollerCoasterTycoon Adventures and Omen of Sorrow.
everyone*
*by everyone the user meant to say everyone is his particular situtation.