Sony has invested $1 billion in Fortnite dev Epic Games

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It's the second time Sony has invested in Epic over the last year

Fortnite Chapter 3 Season 2
(Image credit: Epic Games)

Sony has invested a further $1 billion into Fortnite maker Epic Games.

As announced earlier today on the official Epic Games website, Sony has invested a grand total of $1 billion into Epic Games. This was alongside another $1 billion from KIRKBI, the company behind Lego, meaning Epic Games has just received $2 billion in funding from two massive companies.

"As a creative entertainment company, we are thrilled to invest in Epic to deepen our relationship in the metaverse field, a space where creators and users share their time," said Sony CEO Kenichiro Yoshida. "We are also confident that Epic’s expertise, including their powerful game engine, combined with Sony’s technologies, will accelerate our various efforts such as the development of new digital fan experiences in sports and our virtual production initiatives."

So, this isn't the first time Epic Games has received funding from Sony, but the sum were seeing today is considerably greater than the previous investment, even by multi-billion dollar company standards. It's interesting that this comes off the back of a report last year, which claimed Epic offered Sony $200 million to make the PC versions of its games exclusive to the Epic Games Store. There's never been any comment on the report from either party, however.

Check out our upcoming PS5 games guide for a complete schedule of all the exclusives coming to Sony's new-gen console this year.

Hirun Cryer
Hirun Cryer

Hirun Cryer is a freelance reporter and writer with Gamesradar+ based out of U.K. After earning a degree in American History specializing in journalism, cinema, literature, and history, he stepped into the games writing world, with a focus on shooters, indie games, and RPGs, and has since been the recipient of the MCV 30 Under 30 award for 2021. In his spare time he freelances with other outlets around the industry, practices Japanese, and enjoys contemporary manga and anime.