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Epic Games Store Gave Out 580M Games in 2023

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Feb 18, 2024, 2:40:33 PMFeb 18

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Feb 18, 2024, 2:54:58 PMFeb 18
On 18.02.2024 21:40, Ant wrote:
> Dang!

Thanks Ant for sharing!

Spalls Hurgenson

Feb 18, 2024, 7:01:53 PMFeb 18
On Sun, 18 Feb 2024 19:40:21 +0000, a...@zimage.comANT (Ant) wrote:


I could have sworn we discussed this topic a month or three ago
(except back then it was only $560 million USD). Except I can't find
reference to it; maybe it was on another forum.

Doubtlessly, that value is based on the full retail price of the game,
so it's likely incredibly inflated. And I have absolutely no belief
that Epic /paid/ that much for the freebies; more likely, they
convinced the publishers to give away the games for free as a
marketing gimmick (possibly with the promise of reduced fees).
Certainly, the publishers would not have made an extra half-billion US
dollars in revenue if the games hadn't been given away for free;
they'd have just done without. So Epic's 'generosity' isn't as
generous as the offered number suggests.

Still, as a beneficiary of all the freebies (even if all I do is log
them into a spreadsheet so I can see The Number grow and grow! ;-) I
am grateful. Thank you Epic for giving away all those games.

But I am also absolutely sure that Epic benefitted much more from the
give-aways than it cost them.

Dimensional Traveler

Feb 19, 2024, 2:07:49 AMFeb 19
Most likely that $580 million value is based on what the full, regular
price of the games would have been.

I've done good in this world. Now I'm tired and just want to be a cranky
dirty old man.

Spalls Hurgenson

Feb 19, 2024, 1:55:11 PMFeb 19
Seems likely.

Says Epic's 'year in review': 86 games given away, total redeemed
value of free games is $2,055USD. That comes to ~$24USD per game,
which sounds low... until you remember how many of the 2023 freebies
were small Indie titles whose full retail price was $10USD or less
(you know, great classics like "Shapez" or "Melvor Idle" or "Silent
Age" ;-). The only way the few 'AAA' games they gave away could drag
the average was if they too were counted at full retail value.

Also, I misread the original title. Epic apparently gave away 586
million games /total/... not games worth $586 million. If we multiply
the total number of games by the claimed $2,055 value of those games,
the total value of all those games is... $1.2 trillion dollars.
Meaning Epic is claiming to have given away games whose value is more
than the GDP of Saudi Arabia.

So, yeah, take those numbers with a grain of salt. ;-)

Interestingly, Epic only made $310 Million USD from third-party sales
on their store-front (in comparison, Steam apparently made $8.5
billion USD in 2021. Up-to-date numbers are hard to get for Steam). Of
course, Epic also made another $1 billion USD from its own games
(mostly Fortnite stuff, I'm guessing). The third-party revenue
diminished by 13% too. As a front-end for Fortnite, EGS is doing fine,
but as a competitor to Steam? Not so much.

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