Sony is investing $1 billion into Epic Games, the publisher behind Fortnite.
On Monday, Epic Games announced it has received $2 billion in investments from Sony and Lego’s parent company KIRKBI to help build the metaverse. Both corporations invested $1 billion in Epic Games, respectively.
“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.” Kenichiro Yoshida, CEO of Sony, said in a press release. “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.”
