Epic Storefront | Epic Publishing - Fortnite Money is a Helluva Drug

**6souls** · 2022-04-11 12:47

https://www.cnbc.com/2022/04/11/sony...pic-games.html

Sony, and Lego, have invested billions in Epic's metaverse.

Sony will inject $1 billion in the company, Epic announced Monday, while Kirkbi, the family owned investment company behind Lego, will invest an equal amount. The deal, which is subject to customary closing conditions, would value Epic at $31.5 billion.

The news arrives hot on the heels of a partnership announced by Epic and Lego last week, aimed at co-developing a “family-friendly” metaverse for kids.

Epic Games CEO Tim Sweeney said the fresh funds would help the company “accelerate our work to build the metaverse.”

“As we reimagine the future of entertainment and play we need partners who share our vision. We have found this in our partnership with Sony and KIRKBI,” Sweeney said in a statement.