Sony Invests 250 Million In Fortnite Maker Epic Games
That money gets Sony a minority 1.4% stake in Epic Games, meaning the deal values Epic Games at an astonishing $17.86 billion according to a press release. That release said that: “The investment cements an already close relationship between the two companies and reinforces the shared mission to advance the state of the art in technology, entertainment, and socially-connected online services,” and that “The investment allows Sony and Epic to aim to broaden their collaboration across Sony’s leading portfolio of entertainment assets and technology, and Epic’s social entertainment platform and digital ecosystem to create unique experiences for consumers and creators....