Sony has made a $250 million investment to acquire a minority stake in Epic Games, developer of “Fortnite” and the Unreal Engine which is being used increasingly in Hollywood production.
Kenichiro Yoshida, CEO of Sony, said in a statement: “Epic’s powerful technology in areas such as graphics places them at the forefront of game engine development with Unreal Engine and other innovations.”
He adds the plan is to explore opportunities for further collaboration with Epic to “broaden their collaboration across Sony’s leading portfolio of entertainment assets and technology, and Epic’s social entertainment platform and digital ecosystem to create unique experiences for consumers and creators.”
The pair have already had a close relationship which was again affirmed in May when Epic revealed Unreal Engine 5 running in real time on Sony’s upcoming PlayStation 5 back in May. Both companies are also at the forefront of developing virtual production pipelines which are becoming more of a necessity in the age of COVID-19.
Source: Polygon
