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by Guest0918231
2168 days ago
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1. Steam became a success because of the games Valve developed. 2. Epic created Fortnite, which you likely know is a popular release. That game is leading to the Epic store getting off the ground and gaining traction. This is causing a rather large loss in revenue for Valve. That's why games are important. If you control the top games, you control the users, and you control the platform. |
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Also, it is interesting to have some context of Epic Games. I remember when it was Epic MegaGames and they released the original Unreal games, THAT was the hit that defined the company as they also started to license their Unreal Engine (which they still do today).
Long story short, around 2012 the massive chinese giant Tencent acquired a big portion of Epic Games (40%) that allows Tencent to nominate directors, and the company shifted towards GaaS (Game as a Service). Many long time Epic Game employees left the company around that time.
Epic Games used one of their games, Fortnite: Save the World, to develop Fortnite Battle Royale, which was a huge success.
It's very important to note that Fortnite's biggest competitor, PlayerUnkown's Battlegrounds (PUBG), is owned and developed by Tencent.
Also note that Tencent owns 100% of Riot Games, as well as having various stakes at different gaming studios.