Sony and Epic have been working closely together on development of both the PlayStation 5 console and the Unreal Engine 5, but Sony has now invested money into that partnership. A report indicates that Sony has invested $250 million into Epic Games for a minority stake in the company?1.4% according to GamesBeat, which values Epic at $17.86 billion. It?s important to note that this is not a controlling share. Sony has not purchased or acquired Epic Games, but this does cement a firm partnership between the two companies leading into the next generation of consoles.
Back in May, Epic Games first showed off the Unreal Engine 5 running entirely on a PS5 console. Since then, the company has praised Sony and the PS5?s unique architecture numerous times over. With this deal in place, Sony and Epic will continue to collaborate on engine improvements, systems design, the the ?digital ecosystems? that Epic is creating with Fortnite?s immense ?metaverse?-like social space and the Epic Games Store as a major PC distribution platform.
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