Screentime
Sony Invests $250 Million in Unreal Engine Maker Epic Games
- Fortnite proprietor works closely with Sony’s PlayStation team
- Unreal Engine 5 debut was shown off on PlayStation 5 hardware
An attendee plays Fortnite during the E3 Expo in Los Angeles, California.
Photographer: Patrick T. Fallon/BloombergThis article is for subscribers only.
Sony Corp. invested $250 million in Epic Games Inc., owner of the popular video game Fortnite and the widely used Unreal Engine for game development.
The PlayStation maker and Fortnite proprietor didn’t disclose the new value of the games company. Bloomberg News first reported last month that Epic was close to securing funding at a valuation of about $17 billion.