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The games industry is undergoing a ‘generational change,’ says Epic CEO Tim Sweeney: ‘A lot of games are released with high budgets, and they’re not selling’

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Epic Video games CEO Tim Sweeney stated throughout his handle at immediately’s Unreal Fest in Seattle that whereas there’s nonetheless uncertainty about what precisely the metaverse is, the persevering with development of Fornite—and the failure of quite a lot of high-profile big-budget video games to fulfill expectations—is proof that it represents the way forward for gaming.

Fortnite hit “new information in concurrency,” Sweeney stated throughout his opening feedback, attaining an all-time peak of 110 million lively customers over the earlier vacation season—an accomplishment he stated comes amidst a “generational change” within the video games business.



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