Your Web News in One Place

Help Webnuz

Referal links:

Sign up for GreenGeeks web hosting
May 3, 2021 06:04 pm

Fortnite made more than $9 billion in revenue in its first two years





Illustration by Alex Castro / The Verge



After a meteoric rise to popularity in 2018, Fortnite generated more than $5 billion in its first year for Epic Games, new financial documents reveal. The document, made public as part of Epic’s court battle with Apple over the latter’s App Store practices, shows that the game brought in more than $9 billion total for Epic in 2018 and 2019.


The document doesn’t break down how much Epic specifically profited from Fortnite, but the company reported more than $5.5 billion in profit from the two-year period. In the document, the company provided predictions for 2020, but since Epic doesn’t usually publicly provide financial statements, it’s hard to tell how accurate the predictions ended up being.


The revenue from Fortnite far outshone any...



Continue reading…




Original Link: https://www.theverge.com/2021/5/3/22417447/fortnite-revenue-9-billion-epic-games-apple-antitrust-case

Share this article:    Share on Facebook
View Full Article

The Verge

The Verge is an ambitious multimedia effort founded in 2011

More About this Source Visit The Verge