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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)
- Thread starter Deleted member 8196
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Horay, free games. I already enjoyed The Wolf among us (10/10) and Inside (7/10) and I am waiting for the Darksiders trilogy to be completed.
Hopefully other platforms start churning out free games. Come on Origin, make Alice 1 happen.
Hopefully other platforms start churning out free games. Come on Origin, make Alice 1 happen.
OP
OP
That averages $6.30 per user. Seems low, but the 108 million users include PC Fortnite players and players that just got a free game.
Kind of hard to not warm up to the service with all the free shit they have been giving us. Some really fantastic games too!
Happy that we're getting more free games. I'm now looking forward to seeing what's coming next every Thursday.
I don't spend money on PC games that aren't WoW, that doesn't look like it's gonna change.
I already had an epic account because of Unreal so whatever thanks for the games Epic.
If the game is that good I usually double dip on my switch though.
Minit is probably next...
I already had an epic account because of Unreal so whatever thanks for the games Epic.
If the game is that good I usually double dip on my switch though.
Minit is probably next...
since i started using gog galaxy i've found myself not caring whether the game was originally purchased on steam or epic, and the EGS free games over xmas were a nice get.
i just hope in all of this developers get a good return out of this too.
i just hope in all of this developers get a good return out of this too.
Good start! My hope is they dont grow too fast, i want them paying for (indie) exclusives as long as possible, dreading the day when there are two steams.
Glad their competition strategy is working out tho and all this goofy controversy wasnt for nothing.
Glad their competition strategy is working out tho and all this goofy controversy wasnt for nothing.
So per user that's average of $6.29 per user.
That's not exactly high spending is it?
Take away Fortnite revenues and it's looking all the worse.
Now the bigger question is this. Considering the 12% cut, Epic made only $30 million in revenue from 3rd parties in the last year.
Does anyone think that this is actually viable? Fortnite is keeping this ship going but considering they spent big on buying exclusives, the store is going to operating at a massive loss from a 3rd party point of view.
That's before them paying for free stuff. They're buying a userbase but for now, they ain't buying back.
That's not exactly high spending is it?
Take away Fortnite revenues and it's looking all the worse.
Now the bigger question is this. Considering the 12% cut, Epic made only $30 million in revenue from 3rd parties in the last year.
Does anyone think that this is actually viable? Fortnite is keeping this ship going but considering they spent big on buying exclusives, the store is going to operating at a massive loss from a 3rd party point of view.
That's before them paying for free stuff. They're buying a userbase but for now, they ain't buying back.
$680m on Fortnite, $251m when you take Fortnite out. So 108m users are spending $6.29 (inc Fortnite) and $2.32 (not inc. Fortnite). Though obviously the $2.32 figure is not an accurate average as we don't know what the number of EGS customers buying full games are.
Umm...that would not be revenue. The free games constitute expenditure for them. So I'm pretty sure they aren't counting their expenditure as revenue.
I used GOG Galaxy for the free Rayman Legends game I got on the Epic Store.
When I clicked install it:
1. Started EGS as a second client.
2. Notified me about an update for EGS that I installed.
3. Opened up a view where it had me login to uPlay, to link those accounts.
4. Opened uPlay as a third client.
5. Notified me about an update for uPlay that I installed.
6. Notified me about an update for GOG Galaxy that I installed.
7. Launched the game.
8. Left all three clients running after I exited the game.
I still care where I buy my games, after user experiences like that.
I'm still going to pick free games on EGS from time to time, but I've had zero incentives during 2019 that make me want to spend money there.
$30 million should be enough to keep the store up and running. I can't see how $30 million in revenue can equate to a loss. It's a pretty bare bones storefront. And that also means developers made $210 million from EGS last year. That seems pretty damn viable to me.
If you take away the Fortnite revenue you also need to take away the Fortnite (only) Players. So that lowers the 108m user base to an unknown number. $258 Million in 3rd party sales, which was 60% higher than forcaseted.
Obviously this isn't viable, but they're trying to carve out a market share in a space where somebdoy else controls 90% of the market.
And, I post this every thread I feel like, but: fortnite isn't what's paying for EGS. After the release of fortnite, when epic had plenty of cash to stay afloat, they took in a 1.25 BILLION funding round, that we now know was obviously to pay for the epic game store. This was the largest funding round raised by any company in 2018. For reference, Uber's series D was 1.5b, and airbnbs series E was 1.5 -- and those are companies with massive physical empires that need to be paid for.
They have money to burn on a growth focused strategy.
It says right there in the first post that third party revenue is 60% higher than the initial forecast.
Read it next time?
They probably spend over half a billion on Exclusives (Ubisoft and BL3 were not cheap) to get 30 million in revenue.
Is an Epic Game Store account required to download/play Fortnite on PC?
$251m across all the third party games on the store seems really low to me.
$251m across all the third party games on the store seems really low to me.
More free games yipee!
/rfuckepic won't be happy lol
You do know there's an option in the settings where it closes the client after exiting the game?
/rfuckepic won't be happy lol
You do know there's an option in the settings where it closes the client after exiting the game?
it's a loss because they're burning through cash at a tremendous rate to give away free games. the idea behind the 12% cut is that they can supposedly meet their costs and eke out a small profit at that amount, with extra expenses on top there's no way they're in the black.
Marketing, bandwidth, moneythatting publishers. Development cost. Paying for these free games. Do you honestly think that it costs less than $30 million to offer the free games they did in 2019 alone?
More than just putting a shop on a website and counting the money.
And I was strictly talking about the store side, obviously publishers making money is always viable!
Again, take away Fortnite and this is a project that simply wouldn't exist. It is subsidizing the whole operation.