Epic Games banked $3 billion in profit this year mostly thanks to Fortnite

December 27, 2018 Epic has made $3 billion in profit this year.

Yes, Fortnite is still making an absurd amount of money. A new report suggests that publisher Epic Games has brought in $3 billion in profit this year driven largely by the battle royale’s success. That is indeed ‘profit’ and not ‘revenue,’ so the figure accounts for the studio’s expenses for 2018, which makes the number even more impressive. That $3 billion figure comes via an anonymous source speaking to TechCrunch, and it tracks with the expectations analysts set earlier in the year. That speculation included $2 billion in Fortnite revenue, and there’s little reason to suspect those predictions were unfounded. Epic’s business is buoyed by continued licensing of the Unreal Engine, but these results likely don’t have much to due with the very recent launch of the Epic Games store. Back in July, it started to seem that Fortnite might be slowing down. That month saw profits increase just 2% according to SuperData, which was a marked decrease in growth compared to every month prior, and it’s especially notable since the Season 5 Battle Pass launched during the month. But 'slowing down' doesn't mean 'stopped,' and clearly Fortnite remains one of the most valuable properties in gaming.

from PCGamesN http://bit.ly/2Ai1COC
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