Epic Games is a privately-owned American company headquartered in the US, employing approximately 7,950 people. Its core business involves the development and production of interactive games, notably *Fortnite*. The company also develops and licenses Unreal Engine, a widely used game engine for game development and other applications. In 2022, Epic Games reported revenues exceeding $1 billion.
On 2020, Epic Games filed a lawsuit against Apple over app store policies that mandated the use of Apple's payment platform for in-app purchases, which included a 30% fee. Following this, Fortnite was removed from the Apple App Store. In response to changes mandated by the Digital Markets Act (DMA), Apple reinstated Epic Games' developer account in the European Union. This action allows Epic Games to launch a digital storefront for iOS and offer Fortnite downloads on iPhones in Europe later this year. Separately, Disney announced a $1.5 billion equity investment in Epic Games on an unspecified date. The companies plan to collaborate on creating a shared games and entertainment universe incorporating content from Disney's various franchises.
Epic Games offers products in the media tech industry. Epic Games's product portfolio comprises of production and post production and live production.
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Epic Games's revenues were over $1B in 2022. Caretta Research has split Epic Games's revenue into 2 different product categories, the largest of which is vFX and graphics software. For full access to Epic Games's revenue breakdown subscribe to Caretta Portal.
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Epic Games's customers primarily consist of broadcast television and radio and streaming services companies. Examples of Epic Games's customers include Nickelodeon and CBS Sports. Epic Games has commercial and technical partners like Moov and EPAM Systems. Examples of Epic Games's suppliers include OpenDrives and Evercast.