Other Epic Game Store Won't Make A Profit until 2027

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Read from PCGamer:

"Epic Games Store is unprofitable and not comparable to the App Store" the lawyers began, rather bluntly, "and will not be profitable for at least multiple years, if ever." Ouch!

But what's interesting is that Apple's legal eagles go on to break down just how unprofitable the Epic Games Store is. "Epic lost around $181 million on EGS in 2019. Epic projected to lose around $273 million on EGS in 2020. Indeed, Epic committed $444 million in minimum guarantees for 2020 alone, while projecting, even with 'significant' growth, only $401 million in revenue for that year. Epic acknowledges that trend will continue in the immediate future: Epic projects to lose around $139 million in 2021."

If we take the lower figures, that adds up to an investment on Epic's part of $493 million since 2019, and Epic itself has acknowledged that "unrecouped costs" will amount to at least $330 million. "At best, Epic does not expect EGS to have a cumulative gross profit before 2027."
 
It's kind of crazy how much money they have if something like this can just keep going on without it being a huge issue. Whilst a lot of us do have problems with the Epic Store, I think it's good for the consumer that there is competition.
 
It is crazy that it may take until 2027 for Epic Game Store to be profitable, and they can afford to lose so much money.
 
Only way to do it, but they got to make money somewhere, they can't bleed forever.
Well Epic Games got a lot of profit cut from Tifa's PLOT for sure lol. As FF7 Remake was made with Unreal Engine 4 and the game sold really Well.
 
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