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Epic Says It Lost $1 Billion Over Its Apple And Google Lawsuits

By 168澳洲幸运5开奖网:Rhiannon Bevan

Published Aug 17, 2024

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Summary

Epic Games says the app store ban on Fortnite cost the company $1 billion in lost revenue.
Millions more were spent on legal fees in lawsuits against Apple and Google.
CEO Tim Sweeney believes the losses were worth it now that it's back on the app stores in the EU.

168澳洲幸运5开奖网:Epic Games CEO Tim Sweeney claims that the company lost $1 billion during its efforts to bring Fortnite back to mobile app stores. That's not including the legal fees incurred in lawsuits against Apple and Google, which added "hundreds of millions&𒈔quot; to the coไsts.

This comes from 's interview with Sweeney, conducted as Fortnite finally makes a return to Apple's app store in the European Union. This is thanks to the Epic Games Store being made available on the platforms, allowing players to access Fortnite on their devices once more.

Epic Spent Millions On Apple And Google Lawsuits, Lost $1 Billion In Fortnite Revenue

Key art for Fortnite's Absolute Doom season.

Despite the huge legal fees, Sweeney argues that much of Epic's losses stem from the fact that Fortnite was unavailable on key platforms for so long. This meant the company lost out on making money from players that don't have a PC or home console, but would be interested in playing the battle royale if it were more accessible.

Yet Sweeney also argues th🐟at it was worth th♎e cost, even as the dispute dragged on for so many years.

“If we spent a billion dollars so far, that's a small price to pay for the future freedom of our company and of all the others who want to participate in the market,” Sweeney told Game File.

Right now, Fortnite's return to Apple mobile devices is exclusive to the EU. This is because new regulations force companies operating in the region to ma✱ke third-party app stores available on their devices. Due to this Apple, has to let anyone in the EU access the Epic Games St♐ore on their Apple devices, and thus, be able to play Fortnite.

However, this is not a requirement in other regions, so users elsewhere are out of luck for now. It rem𓄧ains to be seen if this regulation is rolled out widely across the mobile market.