Sony Group and the homeowners of The Lego Group are investing $2 billion into Fortnite studio Epic Video games as the corporate continues its mission to create a metaverse.
Sony Group and KIRKBI–the holding an funding firm that runs The Lego Group–are every investing $1 billion into Epic Video games. That is simply the most recent funding from Sony, which has already invested $450 million into Epic Video games through the years.
As for Lego, its funding is not any shock, both, as Epic and Lego simply introduced a large deal to create new family-friendly digital playspaces aimed toward youngsters.
Sony Group CEO Kenichiro Yoshida mentioned, “We’re thrilled to spend money on Epic to deepen our relationship within the metaverse area, an area the place creators and customers share their time. We’re additionally assured that Epic’s experience, together with their highly effective sport engine, mixed with Sony’s applied sciences, will speed up our varied efforts corresponding to the event of recent digital fan experiences in sports activities and our digital manufacturing initiatives.”
KIRKBI CEO Søren Thorup Sørensen added, “A proportion of our investments is targeted on developments we imagine will impression the longer term world that we and our youngsters will stay in. This funding will speed up our engagement on this planet of digital play, and we’re happy to be investing in Epic Video games to help their continued progress journey, with a long-term focus towards the longer term metaverse.”
Epic CEO Tim Sweeney mentioned Epic wants companions “who share our imaginative and prescient” for the “way forward for leisure,” and people corporations embrace Sony and Lego.
“This funding will speed up our work to construct the metaverse and create areas the place gamers can have enjoyable with associates, manufacturers can construct artistic and immersive experiences and creators can construct a group and thrive,” Sweeney mentioned.
With this new $2 billion funding, Epic mentioned it is now valued at $31.5 billion. Epic founder and CEO, Sweeney, continues to manage the corporate, which has solely a single class of widespread inventory.
GameSpot could get a fee from retail gives.
