EGS Has Epic Year in 2019

Image: Epic Games Store

Epic Games Store certainly proved to be an unexpected contender as a leading online games retailer in 2019. With one exclusive release after another they nabbed a number of AAA titles while ruffling some feathers in the process. They continued to rock the boat with an attractive 88/12 revenue deal to developers that also includes a minimum sales guarantee. At every turn they traded blows with other players on the retail front including a holiday game a day give away plus discounts on other games. We reported on numerous days of those. During the whole year of 2019 they also offered free games every week.

EGS CEO Tim Sweeney and GM Steve Allison sat down with GameDaily.Biz and provided an in depth interview reflecting on the successes of 2019. In it Tim Sweeney explains that all of these strategies have led to a 60% higher than expected sales for third party game revenue. They also gained over 108 million PC users joining to generate upwards of $700 million in one year. He also clarifies that Epic pays each developer for their free game giveaways with negotiations to ensure they receive more money for the free week than a potentially normal week of sales. Steve Allison added 90% of their new releases so far have been Epic Exclusives. All of these strategic moves have shown to be successful and they plan to continue with them in 2020.

Discussion

Peter Brosdahl
As a child of the 70’s I was part of the many who became enthralled by the video arcade invasion of the 1980’s. Saving money from various odd jobs I purchased my first computer from a friend of my dad, a used Atari 400, around 1982. Eventually it would end up being a lifelong passion of upgrading and modifying equipment that, of course, led into a career in IT support.

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