Epic has a plan for the rest of the decade

Epic's Tim Sweeney details plans for Unreal Engine 6 and metaverse tools.

: Epic Games CEO, Tim Sweeney, announced that the company is now financially stable after previous overspending. At the Unreal Fest conference in Seattle, Epic revealed plans for Unreal Engine 6, linking its development tools with Fortnite's simplicity. Collaborating with Disney, Epic aims for a persistent interoperable universe, emphasizing seamless content movement. The company faces challenges on mobile platforms due to legal battles with tech giants.

Tim Sweeney, CEO of Epic Games, declared the company as financially sound after tackling past overspending. With Epic previously spending $1 billion more than it earned, Sweeney believes the company is now well-positioned for long-term ambitions, including merging Unreal Engine tools for an enhanced gaming experience.

Epic Games is working towards the development of Unreal Engine 6, which will integrate the functionality of its advanced game engine with the user-friendliness of the Unreal Editor for Fortnite. This updated engine aims to let developers create an application once and deploy it across multiple platforms, promoting interoperable content that can work within games like Fortnite and others choosing this tech base.

Collaborating with Disney, Epic is set to build a persistent universe where Disney's ecosystem interoperates with Fortnite's. To make the metaverse concept a reality, Epic recognizes the necessity of open communication with companies like Roblox and Microsoft. However, mobile market restrictions and ongoing legal disputes present ongoing challenges for the company's expansion efforts.