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Play, download and edit the free video Sony Invests $250 Million In Fortnite Developer Epic Games.

Sony is now a minority stakeholder of Fortnite developer Epic Games after a strategic investment of $250 million.The investment means that the two companies will be able to collaborate closely on new games and technology.This may include creating more virtual multimedia experiences such as Travis Scott’s concert in Fortnite.We share a vision of real-time 3D social experiences leading to a convergence of gaming, film, and music, Tim Sweeney, CEO of Epic Games.Epic Games has confirmed that the deal does not mean that their titles will now be exclusive to Sony consoles.The studio has grown significantly in the last number of years and was recently valued at $17 billion.In May, Epic revealed the next version of their game engine, Unreal Engine 5, using a demo run on Sony’s Playstation 5.Epic Games’ founder and CEO, Tim Sweeney, praised the technological advancements Sony has made with the PS5.We will explore opportunities for further collaboration with Epic to delight and bring value to consumers and the industry at large, Kenichiro Yoshida, Sony President, and CEO

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