Epic Games’ revenue has fallen for the past two years, documents submitted to the court as part of Epic’s lawsuit against Apple revealed on Monday. The documents revealed that Epic was projecting to generate 36% less revenue in 2020 than in 2018, with profit falling 80% over the same period to $531 million. Nearly all of Epic’s revenue comes from its Fortnite game, which generated $5.5 billion...
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Streaming Services Should Beware Becoming Like Cable Companies
About a month ago, I finally reached my breaking point with YouTube TV, the streaming service I had subscribed to years earlier as a replacement for cable TV. I didn’t think twice about paying $40 a month for it in 2018, but after years of price increases—YouTube TV now costs $73 a month—I realized my family wasn’t watching it nearly enough to justify the money. So I ditched it. More...
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