Epic Games Aims To Rival Steam With 100% Revenue Share For Dev's Older Games

Zinger Key Points
  • Epic Games launches new program, offering up to 100% revenue share for devs to bring their old games to the Epic Games Store.
  • The initiative aims to bolster competition with Steam and attract more titles to their platform.

Epic Games introduced the "Now on Epic" program to encourage game developers and publishers to bring their older games to the Epic Games Store.

This initiative aims to make it easier for users to discover and access back catalog games and compete with Valve's Steam, according to IGN.

See Also: Fortnite Implements Age Ratings For All Content In Player Safety Move

Developers and publishers participating in the program can increase their revenue share from 88% to 100% for eligible back catalog games during the first six months of release on the Epic Games Store, after which it reverts to an 88%/12% split.

To qualify for the program, developers must commit to releasing at least three games before Oct. 31, 2023, and these games must be available on other third-party PC stores or subscription services such as Microsoft Corp.'s MSFT Xbox Game Pass or Sony Group Corp.'s SONY PlayStation Plus.

If they don't have three eligible games, they need to bring over all previously released games that meet the criteria. Developers have until Dec. 31, 2024, to enroll in the program, and eligible games must be on the Epic Games Store by June 30, 2025.

This move follows recent layoffs at Epic Games, despite the ongoing success of Fortnite, and is part of their strategy to compete more effectively in the digital gaming marketplace.

Read Next: Fortnite Creator Epic Games Announces Layoffs Of 830 Staff Members

Photo: Robert Way via Shutterstock.

Market News and Data brought to you by Benzinga APIs
Posted In: GamingNewsGeneralEpic GamesEpic Games StoreGame DevelopmentSteamValvevideo games
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...