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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. Mike‏ @Miraglyth Mar 3
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      Replying to @ahlipedang @4Andlu and

      Does anyone else take 12%? They have made that their identity. If you're just asking a totally unrelated hypothetical that coincidentally used a number used by another store, then I'll answer with a hypothetical too... 1/2

      1 reply 0 retweets 5 likes
    2. Mike‏ @Miraglyth Mar 3
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      Replying to @Miraglyth @ahlipedang and

      I'd prefer my distribution partners take 0% and do all the distribution legwork for free! In fact, make it -30%, have them pay me on top of letting me have all the revenue! That's a hypothetical. It is of course not realistic. Better service costs more. Do you understand now?

      1 reply 0 retweets 4 likes
    3. Muhammad Fauzan‏ @ahlipedang Mar 3
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      Replying to @Miraglyth @4Andlu and

      It's not totally unrelated question. Hell, the original question was not even addressed to you. But I know your kind love to jump in and distort the discussion. So I play along. "Better services cost more". We know that isn't true at all.

      1 reply 0 retweets 0 likes
    4. Muhammad Fauzan‏ @ahlipedang Mar 3
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      Replying to @ahlipedang @Miraglyth and

      Because if it is, gog would take less than 30% since they dont have drm, microsoft will take less for their broken store, etc. Hell if that's even true, steam would take 5%, when they have barebone store the 1st year it launched than scale up to 30% today.

      1 reply 0 retweets 0 likes
    5. Muhammad Fauzan‏ @ahlipedang Mar 3
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      Replying to @ahlipedang @Miraglyth and

      But NO, steam took 30% from the start means store feature/service have nothing to do with revenue cut. I doesn't even need egs 12% argument to prove your stupid argument wrong.

      3 replies 0 retweets 0 likes
    6. Krolmar‏ @Krolmar1 Mar 4
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      Replying to @ahlipedang @Miraglyth and

      12% as cut is not proven to be sustainable with profit. EGS was in loss in 2019 subsidied with Fortnite money. We will see if EGS will be healthy profitable to support all released games for years, to cover neccessary store development etc. without shrinking Fortite money bag.

      1 reply 0 retweets 6 likes
    7. Mike‏ @Miraglyth Mar 4
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      Replying to @Krolmar1 @ahlipedang and

      We know that in some territories where taxation is higher than 12%, EGS passes on the excess cost direct to the customer. The 30% storefronts just absorb it. In a hypothetical future of EGS wiping Steam out, I can easily imagine the 12% rising because "costs have changed since".

      4 replies 0 retweets 8 likes
    8. Tim Sweeney‏ @TimSweeneyEpic Mar 4
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      Replying to @Miraglyth @Krolmar1 and

      As we’ve said all along, 12% is our permanent revenue sharing rate and won’t go up in the future, and that our direct operating costs are in the 5-7% range, hence it’s a sustainable business.

      4 replies 0 retweets 32 likes
    9. Krolmar‏ @Krolmar1 Mar 4
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      Replying to @TimSweeneyEpic @Miraglyth and

      Sure you just separate all PR costs for exclusivity, free games, coupons, etc. from store costs and declare it's sustainable business. Have you, at least, count store development cost as "operating costs"?

      1 reply 0 retweets 0 likes
    10. Tim Sweeney‏ @TimSweeneyEpic Mar 4
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      Replying to @Krolmar1 @Miraglyth and

      These are up-front investments in launching a major new business. If it were a restaurant, we’d start by constructing a building for it. One wouldn’t say the restaurant wasn’t sustainable because the first year’s food sales didn’t pay for the building.

      3 replies 0 retweets 8 likes
      Tim Sweeney‏ @TimSweeneyEpic Mar 4
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      Replying to @TimSweeneyEpic @Krolmar1 and

      Compare to the Unreal Engine and our first 3D game, for example. We spent heavily for 3.5 years to build it before it became a highly profitable business. We’re doing the same in funding the Epic Games Store.

      7:31 AM - 4 Mar 2020
      • 3 Likes
      • 𝓙𝓸𝓷𝓪𝓼 𝓑𝓮𝓷𝓳𝓪𝓶𝓲𝓷 90one80 Druidam
      1 reply 0 retweets 3 likes
        1. Krolmar‏ @Krolmar1 Mar 4
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          Replying to @TimSweeneyEpic @Miraglyth and

          Or if I compare it with Paragon investition , it could be pure loss and will be closed, right?

          0 replies 0 retweets 3 likes
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