Monday, April 12th 2021

Epic Games Lost $453 Million Running the Epic Games Store in 2019 & 2020

Epic Games lost $181 million and $273 million on the Epic Games Store in 2019 and 2020 respectively according to a recent court filing and expect a loss of $139 million this year. The court filing reveals several interesting details about the Epic Games Store including that Epic doesn't anticipate that the store will turn a profit until 2023 and that the 12% distribution fee charged is sufficient to cover operating costs. Epic Games has spent $444 million on securing exclusive titles for the store in 2020 alone, in this same period players spent $700 million on the store of which $265 million was spent on third-party titles. Epic Games CEO Tim Sweeney defended this referring to it as a long-term investment into growing the business. The Epic Games Store currently has 160 million registered users with 56 million monthly active users and it seems like Epic has no plans to slow down.
Source: Scribd (via dsogaming)
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38 Comments on Epic Games Lost $453 Million Running the Epic Games Store in 2019 & 2020

#27
PapaTaipei
I was very skeptical of Steam back in 2003. But it's now the best platform BY FAR. And don't forget they are the only one not owned by shareholders.
Posted on Reply
#28
HisDivineOrder
neatfeatguySorry, but turning what was once a simple interface for a library that launched games without an issue for years to a wannabe social media site and shove constant feeds/updates/news down your throat when all you want to do is launch a game......that's not adding good features. It may be adding features, but the new features are an eye sore.

I don't enjoy the "new UI" from Steam. I will never understand the idea of having so much shit on the screen to trigger a sensation overload is the idea of a good design.

I haven't purchased anything off Steam for almost 2 years now. Any games I have through Steam that I still play and have downloaded I don't even bother to open Steam itself anymore. I just link those games through GoG Galaxy and I let GoG Galaxy open Steam in the background so I don't have to be blinded by all the bling that Valve has been putting on Steam lately.

As for EGS, my younger brother is always telling me of free games they offer that I should get....but I have so many games already that I still haven't gotten around to playing that even free games on EGS don't entice me to sign up with them.
GOG Galaxy 2.0 is the definition of bloat. It literally takes minutes to load what Steam loads in less than a second. I wouldn't hold GOG up as the bastion of bloatless development of a UI/application. Of all the launchers I'm forced to run, it's the only one besides Rockstar's that I felt the need to disable auto-start on. Because it's slow and soaks up performance while replicating other stores poorly.
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#29
evernessince
neatfeatguySorry, but turning what was once a simple interface for a library that launched games without an issue for years to a wannabe social media site and shove constant feeds/updates/news down your throat when all you want to do is launch a game......that's not adding good features. It may be adding features, but the new features are an eye sore.

I don't enjoy the "new UI" from Steam. I will never understand the idea of having so much shit on the screen to trigger a sensation overload is the idea of a good design.
You know you can disable the updates and social features from appearing in your library right? You can also revert back to the old UI, use small mode, adjust the size of UI elements, or use playnite. Heck if all you want to do is launch a game then use the shortcuts off your desktop. The options are certainly there.

The new UI is less information dense but uses screen space a lot more effectively. That by definition is good UI design. The old UI was worse as you had things crammed into a smaller space and in a lot of cases too much unused empty space. It wasn't as adaptable to various screen formats and resolutions either. The new UI is clearly a reactive UI design. Again though, steam gives you plenty of options so customize to your desire.
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#30
neatfeatguy
HisDivineOrderGOG Galaxy 2.0 is the definition of bloat. It literally takes minutes to load what Steam loads in less than a second. I wouldn't hold GOG up as the bastion of bloatless development of a UI/application. Of all the launchers I'm forced to run, it's the only one besides Rockstar's that I felt the need to disable auto-start on. Because it's slow and soaks up performance while replicating other stores poorly.
Odd. Galaxy takes up less than half the RAM steam requires, doesn't hitch or hang when scrolling through game images, doesn't crash randomly when trying to launch a game, doesn't throw streaming videos in your face and isn't even required to run any game purchased from gog.

To bad steam runs like garbage these days, for a lot of people, over a year after forcing their updated UI on users.
evernessinceYou know you can disable the updates and social features from appearing in your library right? You can also revert back to the old UI, use small mode, adjust the size of UI elements, or use playnite. Heck if all you want to do is launch a game then use the shortcuts off your desktop. The options are certainly there.

The new UI is less information dense but uses screen space a lot more effectively. That by definition is good UI design. The old UI was worse as you had things crammed into a smaller space and in a lot of cases too much unused empty space. It wasn't as adaptable to various screen formats and resolutions either. The new UI is clearly a reactive UI design. Again though, steam gives you plenty of options so customize to your desire.
Small mode is not the same as the old UI.
Filters are not the same, how I had my games organized doesn't work under the new UI.
The massive empty space once you disable blaot features is not a better design.
Having to painfully navigate settings in hopes to find ones that allow you to disable bloated options reminds me of Windows 10 Setting menu, just a pain to find what you need.

Old library was simple.
No extra resources being hogged.
No hitching when scrolling.
No other menu option adjustments needed to try and simplify things so you're not thinking you're staring at some wannabe social media site.
It was simple. If I wanted the social media feeling they've bestowed in every aspect of the new UI I would have browsed the Community section of Steam.
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#31
Unregistered
LightofhonorStill a no from me, Epic.
Agreed. I wouldn't buy anything from Epic if they were the only show in town.
Posted on Edit | Reply
#32
Caring1
Lost $453 Million?
Have they checked under the sofa cushions?
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#33
quakebox
There are some interface issues with Epic Launcher the interface is not as fast and fluid like Steam to win Epic must make the launcher more pleasant to use like Steam.
Caring1Lost $453 Million?
Have they checked under the sofa cushions?
That's what I thought Epic has alot of revenues from Royalties and Fortnite.
Posted on Reply
#34
awesomesauce
better win vs apple Epic bc it will be another big lose otw
Posted on Reply
#35
DemonicRyzen666
If they go out of business, no one can play Fornite ?
will people still like DRM platforms for games ?
I think not.
there all like a glorified Pc game rental service.
Posted on Reply
#36
medi01
noel_fsyeah they are doing a good job aside of having the shittiest launcher of the scene
Uh, FFS, you don't need their launcher to get the games, GoG's launcher OFFICIALLY supports epic store integration.

The steambh FUD campaign is unbearable.
PapaTaipeiI was very skeptical of Steam back in 2003. But it's now the best platform BY FAR. And don't forget they are the only one not owned by shareholders.
Yeah. It is owned by a nice cool guy who loves games so much HL is dead.
He is so cool, his software stores margins match margins of that filthy Apple.
Posted on Reply
#37
MarsM4N
neatfeatguySorry, but turning what was once a simple interface for a library that launched games without an issue for years to a wannabe social media site and shove constant feeds/updates/news down your throat when all you want to do is launch a game......that's not adding good features. It may be adding features, but the new features are an eye sore.

I don't enjoy the "new UI" from Steam. I will never understand the idea of having so much shit on the screen to trigger a sensation overload is the idea of a good design.
Just shows that people are different. :oops: All the added community & social features are the key reason why Steam is #1 for me.

I love to showcase great artwork, emoticons, images, screenshots, background images & highlight archievments, games, reviews, guides, etc. Dealing stuff on the Community Market is also a nice feature when taking a little break from gaming. Always gives me a smile when a purchase confirmation pops up when a very rare item ends up in my inventory, or when I sell crap for gold. Plus Steam has forums/guides where you can get help to master a game, find workarounds, fixes, etc.

However, I did notice that the Steam Client was over the years more "optimized" for high bandwith network, most noticeable when you watch a video. You can limit some elements in the settings to reduce bandwith, but it's kinda hard to find for some, and you miss out some experiences then. Wish there where a one click solution. It's also embarrassing that you need 3rd party websites to get an overview of all the items available, or a preview how crafted badges will look. Navigation is also dam slow on the Steam client compared to browser.

The Epic Client on the other side is even slower, looks cheap as hell & has zero community features. They make me stopping by weekly to cash in free games, but that's it. I play some, when I like a game I go to Steam, put it on my wishlist & buy it on sale. Haven't spend 1 cent on the Epic Store, and this will not change if they don't step up their game in term of community features, or start to produce exclusive games that are not targeted for Froot Loops junkies. :sleep:
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#38
Hargema
I was unfortunate enough to try Steam's customer service once and I haven't appreciated the monopoly,
I'm trying my damn hardest to avoid Steam, and I haven't played any game on it so far beside CS:GO.
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