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TimSweeneyEpic's profile
Tim Sweeney
Tim Sweeney
Tim Sweeney
@TimSweeneyEpic

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Tim Sweeney

@TimSweeneyEpic

Epic Games founder & CEO

epicgames.com
Joined August 2013

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    1. Reid Main‏ @reidmain 29 Aug 2019
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      Reid Main Retweeted Tim Sweeney

      Will be interesting to see how long Epic can subsidize that 88/12 split from Fortnite microtransactions. If the player base drops by 50% will they be able to maintain it?https://twitter.com/TimSweeneyEpic/status/1167101266432090116 …

      Reid Main added,

      Tim Sweeney @TimSweeneyEpic
      The digital store landscape is changing fast! https://segmentnext.com/2019/08/29/ubisofts-chris-early-calls-praises-epic-games-store-and-calls-valves-business-model-unrealistic/ …
      3 replies 0 retweets 4 likes
      Tim Sweeney‏ @TimSweeneyEpic 29 Aug 2019
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      Replying to @reidmain

      The store’s transaction economics aren’t subsidized by Fortnite. Operating costs, such as payment processing, customer service, and bandwidth, are in the 5-7% range, out of the 12% store fee.

      2:42 PM - 29 Aug 2019
      • 19 Likes
      • Dara 🚂 90one80 David Wiffler Domy 👍 Deep Learning Architect #YoMeQuedoEnCasa Nah FlareGuy - Fortnite News & Infos laggyluk Gaming Investor michael
      5 replies 0 retweets 19 likes
        1. New conversation
        2. Reid Main‏ @reidmain 29 Aug 2019
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          Replying to @TimSweeneyEpic

          I shall happily eat crow if 5 years from now the split remains the same and Epic is no longer buying exclusives and Fortnite is not the primary source of revenue. But color me skeptical that if you scale to the size and functionality that Steam is your operating costs don’t rise

          2 replies 0 retweets 9 likes
        3. Reid Main‏ @reidmain 29 Aug 2019
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          Replying to @reidmain @TimSweeneyEpic

          Even if your operating costs grew to 12% and the Epic Game Store could never make money as long as Fortnite is successful it sounds like Epic wouldn’t care. Using Fortnite money to create an ecosystem that no one else can compete in scares me a bit.

          1 reply 0 retweets 5 likes
        4. 6 more replies
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        2. MrAngryBates‏ @MrAngryBates 29 Aug 2019
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          Replying to @TimSweeneyEpic @reidmain

          So how did the sale, where every game with the 10$ discount was sold with a substantial net loss for Epic? It was definitely subsidized with FN money.

          1 reply 0 retweets 5 likes
        3. Tim Sweeney‏ @TimSweeneyEpic 29 Aug 2019
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          Replying to @MrAngryBates @reidmain

          Yes. And the free games!

          4 replies 0 retweets 2 likes
        4. 2 more replies
        1. New conversation
        2. Justin‏ @J_Ghio 29 Aug 2019
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          Replying to @TimSweeneyEpic @reidmain

          Tim's been quoted numerous times talking about how the 30% margin is striaght gouging and more than enough covers the store overhead. Good try tho

          2 replies 0 retweets 1 like
        3. Reid Main‏ @reidmain 29 Aug 2019
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          Replying to @J_Ghio

          Good try? You act like I’m some Russian bot trying to undermine Epic. I’m just a regular dude expressing some concern about what a drastic shift could do to the industry. I have no insider numbers on the 30% margin but Epic’s reliance on microtransactions scares me a bit.

          1 reply 0 retweets 2 likes
        4. 2 more replies
        1. R‏ @demoninchrome 30 Aug 2019
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          Replying to @TimSweeneyEpic @reidmain

          Again 12/88 argument is null and void since you allow epic EXCLUSIVES on green man gaming with a 30/70 spilt

          0 replies 0 retweets 2 likes
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