Epic Games CEO Tim Sweeney Renews Blast At 'Gatekeeper' Platform Owners (venturebeat.com) 9
An anonymous reader quotes a report from VentureBeat: Epic Games CEO Tim Sweeney opened the Unreal Fest Seattle event today with an update on news that included a blistering criticism of monopolistic platform owners. Sweeney is a big proponent of open platforms and the open metaverse. In fact, he will talk about that subject in a virtual talk at our GamesBeat Next 2024 event on October 28-29 in San Francisco. (You can use this code for a 25% discount: gbn24dean). And so Sweeney continues to pressure the major platforms to give more favorable terms to game developers. He started out on that front by giving a price cut for users of Unreal Engine 5, Epic's tools for making games. For those who release games first or simultaneously on the Epic Games Store, Epic is cutting its royalty rate from 5% to 3.5% for Unreal developers. He noted that Epic is in better financial shape than it was a year ago, when Epic had to lay off a lot of staff. Sweeney said the company spent the last year rebuilding. "We're at a point now where game development is expensive. It's low margin, and game companies are suffering. Apple and Google make way more profit from most games than the developers make themselves, while contributing nothing," Sweeney said.
Sweeney reminisced about programming on early Apple computers, aligning with Steve Wozniak's vision for Apple where users had complete freedom without corporate restrictions. He contrasted this with today's mobile platforms, accusing Apple and Google of acting as gatekeepers that stifle innovation. "Among the fights we've taken on here, he noted the case with Apple is still an ongoing fight to open up payments so developers can process payments without Apple mediation and without Apple fees," he said, noting the "massive victory" against Google in a jury trial late last year.
Sweeney reminisced about programming on early Apple computers, aligning with Steve Wozniak's vision for Apple where users had complete freedom without corporate restrictions. He contrasted this with today's mobile platforms, accusing Apple and Google of acting as gatekeepers that stifle innovation. "Among the fights we've taken on here, he noted the case with Apple is still an ongoing fight to open up payments so developers can process payments without Apple mediation and without Apple fees," he said, noting the "massive victory" against Google in a jury trial late last year.
Profits (Score:2)
Epic used to earn Billions USD. Now it merely earns hundreds of millions USD. There's no profit in that?
Re: (Score:2)
Epic made 6 billion last year, mostly on Fortnight sales. I mean, yeah, it is only 6000 million dollars. What a trifle. They should be making 6000000 million.
Failed Single White App Store Attempt (Score:2)
distribution channels (Score:2)
Re: (Score:2)
Distribution channels often make more money than the thing they are distributing.
Then why distribute anything at all?
Sweeney was always scummy (Score:2)
His paid-for-exclusives programme was always scummy and anti-consumer.
That horrific excuse for a scummy storefront was always scummy.
So what does this say about the consumers who engage with Epic?
Re: (Score:2)
Both are far less scummy than intentional monopolizing and price gouging. What does that say about people who are trying to defend monopolizing and price gouging?
He is just sore his own platform failed (Score:2)
Dishonest CEO here, nothing to see.
Article ran through bullshit translator: (Score:2)
Epic Games CEO Tim Sweeney opened the Unreal Fest Seattle event today with an update on news that included a blistering criticism of of other more popular stores which aren't engaging in monopolistic behaviour despite what he thinks. Sweeney is a big proponent of trying to make as much money as possible. In fact, he will talk about that subject in a virtual talk at our GamesBeat Next 2024 event on October 28-29 in San Francisco. (You can use this code for a 25% discount: gbn24dean). And so Sweeney continues to pressure the major platforms to give more favorable terms to him so he makes more money. He started out on that front by giving a price cut for users of Unreal Engine 5, Epic's tools for making games. For those who release games first or simultaneously on the Epic Games Store, Epic is cutting its royalty rate from 5% to 3.5% for Unreal developers a practice which would actually be considered monopolising if the Epic store was in any way popular enough to have market power. He noted that Epic is in better financial shape than it was a year ago, when Epic had to lay off a lot of staff due to Tim's other monopolizing behaviour of spending literal billions to attempt to make 3rd party games exclusive to his ailing platform. Sweeney said the company spent the last year reflecting that his bullshit strategy failed.
To continue to cut through the rest of the bullshit, Sweeney claims Apple and Google contribute nothing, while actual games released on the Epic Store, even AAA titles have failed spectacularly only to recoup a mountain of losses when released on another store - which goes to show that these guys while making money contribute more to game sales than Sweeney likes to admit.
As for stifling innovation, the only innovation that Sweeney is being prevented in undertaking is creating even more of a casino aimed at