Epic Games
Sony Purchases $250 Million Stake In Fortnite Developer Epic Games
Sony‘s latest strategic investment is sure to augment the already flourishing link between the music and gaming industries. The parent company of Sony Music has moved to acquire a $250 million minority stake in Epic Games, makers of the hit video game franchises Fortnite and Borderlands. The investment will enable the continued pursuit of crossover partnerships that have already begun to shakeup a rapidly shifting digital entertainment landscape. The two companies have already demonstrated record-setting synergy this year. In April, Travis Scott, a member of Sony’s Epic Records roster, drew in Fortnite’s single largest audience to date with his virtual Fortnite concert, pulling in over 12.3 million concurrent viewers. Kenichiro Yoshida, President and CEO of...
Sony announces PS5 event for June 4th
Sony is officially confirming its next PlayStation 5 event will be held on Thursday, June 4th. The event will begin at 4PM ET / 1PM PT, and Sony is promising “a look at the future of gaming on PlayStation 5.” It will run for “a bit more than an hour,” and feature “a first look at the games you’ll be playing after PlayStation 5 launches this holiday,” according to Jim Ryan, president and CEO of Sony Interactive Entertainment. “The games coming to PS5 represent the best in the industry from innovative studios that span the globe. Studios, both larger and smaller, those newer and those more established, all have been hard at work developing games that will showcase the potential of the hardware,” says Ryan. “This digital showcase will run for a bit more than an hour and, for the first time, w...
