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Epic games He recently confessed that the digital store, the store of epics, is still not profitable even after five years.
Steve Allele, the head of the epic Gomen Store, Chjotto during his testimony on the first day of the first day of the video “Epic vs Google“In this respect of November 6 (via The Virgin). Despite its debut in December 2018, the Digital PC store did not make any profits. He avoided, he emphasized that the “purpose” of the company will continue to grow in the future.
During the proceedings “Epic vs Apple“In 2021 E-mail Pubrikwhich indicated that epic games hopes to secure half of all income from the pc gaming bubble. Epica’s CEO, Tim Sweeney, Even he had gone so farto describe the loss of more than $300 million for the store as a “fantastic success.” This loss is much more an investment in the growth of the company – mainly to get gamers with great games.
However, epic games had announced during the process 2 years ago that the epic repair made probabilities from 2023, which we know now you know, we don’t know now.
The company also spends several million dollars of us per week to offer free games, which is aimed at the permission to allow the chilled distribution of profits among the most reasonable figures to be leaders.
The legal products “Epic Vs. Google” came, however, later, after epic put the fashion Google to 2020 due to a dispute over fees in Epic said that Google Play Store they represent an illegal monopoly.
The strategy of the EPC game to make high expenses to make profits, but unfortunately also affect the workforce: the company had an impact on the workforce Recently around 830 employees removed, which corresponds to 16 percent of the workforce. Tim Sweeney said layoffs were the only option — faint consolation.
“For some time now we have spent much more money than we take to invest in the next development of the era and Get lucky As a creative L’Example Subject, Sweeney wrote in a statement “. For a long time.” For a long day I was optimistic that I could do with this transition without lieoff, but then I saw that it was little locus.
“While strength began again, the growth is driven mainly by creative participation with a lower sales margin than at the time of our expansion.
“The success with the Creator economy is a great achievement, but it means a great structural change in our economy.”
