Epic Games to take on Steam with its own digital games store

Epic Games to take on Steam with its own digital games store

"Very different game but yeah it was announced back then and we're excited that they will be a part of the show - we definitely have some Fortnite news, Donald Mustard will be here, they are a nominee as well so stay tuned for that".

Where revenue goes to when it comes to game development and digital retailers has often been a point of contention. The initial announcement has drawn attention and praise from throughout the video game industry for a surprisingly thorough and favorable arrangement for publishers, particularly independent publishers, on the platform.

However, Steam recently announced a reduction in its commissions for large developers, presumably to preempt the launch of Epic Games' store.

Safe to say, the company is referring to side loading the Epic Games Store on Android just like how Fortnite is playable on Google's OS. However, you won't be excluded if you use Unreal 4. The Epic Games store is Epic Games' challenge to the Steam store which is notorious for its 30% cut from the developers. To jumpstart the economy, Epic Games will cover the first 5% of creator revenue-sharing for the first 24 months of the service.

Epic Games to undercut Valve with own PC games store

It is unclear how gamers will benefit from the Store as Epic Games has not revealed anything about the Store's functionality and features. The math is quite simple: "we pay around 2.5 per cent to 3.5 per cent for payment processing for major payment methods, less than 1.5 per cent for CDN costs (assuming all games are updated as often as Fortnite), and between 1 and 2 per cent for variable operating and customer support costs". The new tiered system adjusts the revenue share to 75%/25% and 80%/20% when game earnings exceed $10 million and $50 million on Steam. The latter is still nearly twice as large as Epic Games' commission.

That does make one wonder what does quality mean to Epic Games in this case, especially when Steam is overrun with many games of dubious quality, and stores like GOG get complaints about not letting good games onto the storefronts at times. On top of that, some big news has been teased for the upcoming Game Awards on December 6, which is interesting now that we know the new season will be live on the same day.

Creative will be a greatly expanded version of the existing Playground mode and allows you to build your own levels and create your own mini-games, in what sounds like nod to fellow child-friendly games such as Minecraft and Roblox.

Doubts on the rise about the US-China ceasefire
The tweet comes after the US and China emphasized different results from Sunday's high-stakes meeting between Trump and Xi. In his Twitter posts on Tuesday, Trump said they might need an extension if the 90-day timeline didn't prove sufficient.

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