Sony has made a $250M investment to acquire a minority stake in Epic Games, the developer of Fortnite and the Unreal Engine used increasingly in Hollywood production
"We share a vision of real-time 3D social experiences leading to a convergence of gaming, film, and music," said Epic founder and CEO Tim Sweeney.FortniteSaid Epic founder/CEO Tim Sweeney in a released statement: "Sony and Epic have both built businesses at the intersection of creativity and technology, and we share a vision of real-time 3D social experiences leading to a convergence of gaming, film, and music.
Kenichiro Yoshida, chairman, president and CEO of Sony, whose Playstation 5 is set to be released later this year, added in a statement, “Epic’s powerful technology in areas such as graphics places them at the forefront of game engine development with Unreal Engine and other innovations. There’s no better example of this than the revolutionary entertainment experience,.
While the companies didn't reveal specific plans on how they will collaborate, Epic's Unreal real-time gaming engine is growing in use in Hollywood's animation, VFX and production communities. Sony Innovation Studios in Los Angeles has been developing virtual production capabilities, which were prominently featured last January in the company's CES exhibition area. Unreal has enabled numerous virtual productions, such as Jon Favreau's .
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