Epic reportedly paid over $10 million for Control PC exclusivity
Payment was made to the parent company of publisher 505 Games
Epic Games reportedly paid €9.49 million ($10.41 million) for the rights to sell Control exclusively through the Epic Games store for a one-year period.
The payment was revealed in a financial report published by Digital Bros, the Italian parent company of Control publisher 505 Games.
“The payment from Epic was 100% for Control and was for the exclusivity deal,” according to Niko Partners analyst Daniel Ahmad.
“Unclear if there were any other strings attached to the payment, other than exclusivity.”
55% of the money Epic paid for Control exclusivity went to the game’s publisher, while the remaining 45% went to developer Remedy Entertainment.
Epic Games store exclusivity payments are reportedly a minimum guarantee on sales and are considered an advance on the 88% of sales revenue Epic gives companies who sell their games through its digital storefront.
An Epic Games store representative told GameDaily.biz: “We don’t comment on the terms of our deals.”
While Epic offers developers an 88% share of the revenue their PC titles generate, Steam offers developers a 70% share. Its more attractive terms have helped Epic secure some major PC exclusives including Control, Metro: Exodus, Borderlands 3 and Shenmue III.
Epic CEO Tim Sweeney recently defended the company’s strategy of signing PC exclusives for its digital storefront, claiming it’s the only way to challenge Steam.
