Epic Games, the creator of the incredibly popular Fortnite game, has reportedly made $3 billion in profits in 2018. This number comes from unnamed sources who spoke to TechCrunch. Epic Games itself did not respond to a request for comment from TechCrunch.
Epic Games had a good year in 2018 as any company in tech. Fortnite became the world’s most popular game, growing the company’s valuation to $15 billion, but it has helped the company pile up cash, too. Epic grossed a $3 billion profit for this year fueled by the continued success of Fortnite, a source with knowledge of the business told Tech Crunch.
Personally, I’m always a bit skeptical of information that comes from anonymous or unnamed sources. However, in this specific case, I think there is good reason to believe that Epic Games made a lot of money in 2018 from Fortnite. While I haven’t played the game myself, I do find it entertaining to watch people stream it.
Forbes reported that Fortnite is free-to-play. Players can choose to purchase a seasonal Battle Pass which allows players to unlock epic loot. In addition, players can spend real world money on cosmetic items. But, no one has to spend money if they don’t want to or cannot afford to.
There is another thing about Fortnite that I believe is increasing its popularity. As Anoop Ranganath posted in an informative thread on Twitter: “Fortnite isn’t a game, it’s a place.” Kids are using Fortnite as a place to hang out and talk with their friends, much like people of my generation used to hang out in shopping malls.
It is not unheard of for parents to pay for tutors to help their child improve their grades or to get a good score on a test. Apparently, some parents are paying for Fortnite tutors. The Wall Street Journal was the first to report that parents are paying up to $20 per hour for Fortnite tutors to teach their kids how to beat the game.
Fortnite is extremely popular. It was created by Epic Games. Fortnite is an open-world survival game where players must collect resources and weapons, fight against other players, and try and stay alive for as long as possible. The game became even more popular after Fortnite released its Battle Royale.
Crain’s Detroit Business reported that Tyler Blevins (also known as The Ninja) is a 27-year-old American Twitch streamer and internet personality. He reportedly is making $500,000 a month on Twitch from his subscribers who watch him to play Fortnite Battle Royale (and other games).
Ashland University added Fortnite to its eSports program for the Fall of 2018. They conducted open tryouts for Fortnite players, and offered scholarships in eSports for up to $4,000 based on player skill level and academic requirements.
So, maybe it isn’t so strange for parents to pay people to teach their kids how to be a better Fortnite player after all. There are now some real-life possibilities for talented Fortnite players to turn their skill into a way to pay for college or a career. It isn’t so different from paying a coach to teach your kid to be a better football player.
Epic Games is the creator of the Unreal series of games, the Unreal Engine, the Gears of War franchise, the Infinity Blade series, and Fortnite. Epic Games announced that it will provide $100,000,000 for Fortnite eSports tournament prize pools in the first year of competitive play.
The Fortnite Team posted a blog on the Fortnite website with more details.
Grab your gear, drop in and start training. Since the launch of Fortnite Battle Royale we’ve watched the passion for community competition grow and can’t wait to empower you to battle with the best.
In the 2018-2019 season, Epic Games will provide $100,000,000 to fund prize pools for Fortnite competitions. We’re getting behind competitive play in a big way, but our approach will be different – we plan to be more inclusive, and focused on the joy of playing and watching the game.
The post ends by telling players to stay tuned for more details about competitive structures and eligible platforms. It appears that information will be released in the weeks ahead. Fortnite is playable on PC, Mac, Xbox, PlayStation, and iOS.