×
You will be redirected back to your article in seconds

Epic Will Ditch Exclusives if Steam Commits to 18% Cut

A scenario in which Valve would commit to an 88% share for game developers “without major strings attached” would result in the Epic Games Store halting its pursuit of exclusive offerings, according to a series of tweets from Epic Games’ CEO and founder Tim Sweeney.

“If Steam committed to a permanent 88% revenue share for all developers and publishers without major strings attached,” Sweeney wrote on Wednesday. “Epic would hastily organize a retreat from exclusives (while honoring our partner commitments) and consider putting our own games on Steam.”

Earlier this month, Sweeney stated that Epic Games will keep pursuing exclusivity deals, regardless of developers’ previous agreements to offer up titles on Steam. This was a turnaround from Epic Games’ Steve Allison stating two weeks prior that “At some point we could go to zero exclusives or very, very few. We definitely won’t be doing it at the scale we’re doing it now.”

Sweeney’s statements this week seem in line with what Allison said at the Game Developers Conference last month, as Allison stated that the exclusives pursuit would die down as other storefronts started to match Epic Games’ 12% revenue cut.

Popular on Variety

Sweeney, a Variety 500 recipient, shared thoughts on Twitter on Monday on why the Epic Games Store takes a 12% cut of profits of the games offered up on its digital storefront. The remaining 88% of revenue goes directly to the developers.

“We chose [12%] to provide a super-competitive deal for partners while building an enduring and profitable store business for Epic,” Sweeney wrote. He continued on to describe why the Epic Games Store’s cut is more reasonable than the 30% which is what Steam takes from games.

Replies from users questioned if the Epic Games Store’s exclusivity of certain titles is really in the name of offering competition to Steam and choice for consumers, considering that multiple titles are solely available on the Epic Games Store. For example, “Metro Exodus” for PC is only available on the Epic Games Store, unless Steam users previously pre-ordered the title ahead of the announcement— a decision which resulted in backlash.

A reply from user Georgi Delchev asked if Sweeney would stop pursuing exclusives if Valve would reduce its revenue share to 12% or lower. Sweeney responded with a question of if this hypothetical scenario means that Steam were to make this lower revenue cut “permanently and without major strings attached” before stating that Epic Games would make a retreat from pursuing exclusive offerings. He further wrote about what such a shift would mean for PC gaming consumers.

“Such a move would be a glorious moment in the history of PC gaming, and would have a sweeping impact on other platforms for generations to come,” Sweeney wrote. “Then stores could go back to just being nice places to buy stuff, rather than the Game Developer IRS.”

More Gaming

  • Riot Games

    Riot Games to Pay $10 Million to Settle Gender-Discrimination Lawsuit

    Riot Games, developer of “League of Legends,” will fork over at least $10 million to settle a class-action lawsuit filed on behalf of women employees alleging the company’s “bro culture” resulted in systemic gender discrimination. Terms of the settlement in the case, reached in August, were revealed in court documents filed last week in California [...]

  • Dreamscape_Dragon vr

    Dreamscape Gets ‘DreamWorks Dragons Flight Academy’ VR Experience (EXCLUSIVE)

    Location-based virtual reality (VR) startup Dreamscape has teamed up with DreamWorks Animation to launch a new “How to Train Your Dragons” experience at its flagship Westfield Century City VR center in Los Angeles later this month. The 11-minute “DreamWorks Dragons Flight Academy” experience allows up to 8 participants to hone their dragon-flying skills together, and [...]

  • YouTube logo

    YouTube Eases Restrictions on 'Simulated' Violence in Gaming Content

    YouTube announced a change to its content guidelines that will be more permissive in allowing depictions of violence in video-game content — as long as it’s not the sole focus of a video. Starting on Dec. 2, YouTube said, scripted or simulated violent content found in video games will be treated the same as scripted [...]

  • Disney’s Frozen 2 and Laika’s Missing

    'Frozen 2,' 'Missing Link' Lead 47th Annie Award Nominations

    Disney’s “Frozen 2” and Laika’s “Missing Link” led the 47th Annie Award nominations Dec. 2 with eight each and will battle it out for best animated feature along with DreamWorks Animation’s “How to Train Your Dragon: The Hidden World,” Netflix’s “Klaus” and Pixar’s “Toy Story 4” when the ceremony is held on Jan. 25 at [...]

  • Black Friday Deals: Oculus Rift, PlayStation

    The Best Black Friday Deals for VR Headsets, Apps & Games

    Getting your own virtual reality (VR) setup at home used to be costly, requiring not only an expensive headset but also a full-blown gaming PC. Not anymore: The latest generation of all-in-one devices has made VR a lot more affordable, and deep discounts for the holiday season serve as another incentive to finally make the [...]

  • Beat Saber Acquired by Facebook, Company

    Facebook Buys the Maker of the Popular VR Game 'Beat Saber'

    Facebook has acquired Beat Games, the maker of the popular virtual reality (VR) music game “Beat Saber”, the social media giant announced Tuesday. Beat Games will operate as an independent studio under Oculus Studios, and continue to support “Beat Saber” on all existing platforms, according to a blog post penned by Facebook AR/VR director of [...]

  • Kris Bowers, Alan Silvestri, and Catherine

    Alan Silvestri, Cynthia Erivo, Bebe Rexha Among Hollywood Music in Media Award Winners

    The 10th annual Hollywood Music in Media Awards rewarded a diverse crop of composers, songwriters and music supervisors who contributed to film, TV and videogames over the last year, from scorers Alan Silvestri, Hildur Guðnadóttir, Marco Beltrami and Michael Abels to tunesmiths Cynthia Erivo, Bebe Rexha and the Avett Brothers to Quentin Tarantino’s longtime music sidekick, [...]

More From Our Brands

Access exclusive content