Epic Games founder and CEO Tim Sweeney has responded to reports that the Epic Games Store has been losing huge sums of money.Over the weekend, PCGamer shared reports that Epic Games was losing over hundreds of millions of dollars through its Epic Games Store dating back to 2019.
The losses, which total to over a quarter of a billion dollars, stems from Epic Games’ efforts to bring gamers to the store through exclusives and free games.The report, which includes information shared by Apple, alleges that Epic Games lost £132million on the Epic Game store in 2019, with additional projected losses of £199million in 2020 and £101million in 2021.
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