Sony Corporation invests $250 million in Epic Games to acquire minority interest https://t.co/nPYboa9fHy pic.twitter.com/jCuJMv0K8b
— Gematsu (@gematsucom) July 9, 2020
Update: Sony is acquiring a 1.4% stake in Epic, which means the deal values Epic Games at $17.86 billion
Tiny.
Tencent, China's largest video game publisher, invested $330 million to acquire a 40 percent stake in Epic Games back in 2012. Tencent's large investment helped Epic reinvent itself as an industry powerhouse, supporting the creation of Epic's Unreal Engine 4 game development suite and the eventual launch of "Fortnite."Oct 9, 2019I know fortnight was a huge success and they acquired a couple of studios but this seems like an overvaluation. sony got screwed.
Epic is probably going to grow again soon. After seeing how they made The Mandalorian, I know why they made that purchase. Even 1% will be rewarding.Unreal is going to take over so many things.
Well this bump was kind of rude.yes, very. although I should have remembered that I made this thread.
(https://cdn.vox-cdn.com/thumbor/-wgN0gXcVR0cdN0UANRCfvCyuhU=/0x0:1296x730/920x613/filters:focal(543x323:749x529):format(webp)/cdn.vox-cdn.com/uploads/chorus_image/image/68630573/4_application_virtual_sets_H_2021_1609869131_compressed.0.jpg)
Sony has announced that it's going to start selling (http://'https://pro.sony/ue_US/press/crystal-led-c-and-b-series-launch') a series of modular displays that can be used to create digital movie sets (via The Hollywood Reporter (http://'https://www.hollywoodreporter.com/behind-screen/sony-unveils-crystal-led-displays-for-virtual-production')). If this kind of technology seems familiar, it may be because Industrial Light & Magic and Epic Games built similar sets to help create The Mandalorian (http://'https://www.theverge.com/2020/2/20/21145671/mandalorian-sets-stagecraft-epic-games-ilm-fortnite-baby-yoda-digital').
They displays are part of Sony's Crystal LED line, which are modular panels that use MicroLEDs, and were previously marketed as being used for signage. The screen tech and modularity means that you can make enormous displays using a bunch of panels connected to a controller (http://'https://www.theverge.com/2019/1/6/18168793/samsungs-75-inch-microled-4k-tv-pitcure-quality-ces-2019'). That's useful if you're trying to create a virtual set out of displays.
Sony is going to start selling its Mandalorian-like virtual set displays (http://'https://www.theverge.com/2021/1/6/22217554/sony-selling-microled-production-display-mandalorian-production')
https://www.resetera.com/threads/sony-is-going-to-start-selling-its-mandalorian-like-virtual-set-displays.356938/I would have posted a story, but the google news feed on my phone doesn't let me copy the link.
Why does unrelated shame keep getting posted here?This is all related to the money Sony, not SIE, invested into Epic.