Sony has invested $250 million for a minority stake in Fortnite maker Epic Games, the companies announced today. Epic's games will stay cross-platform.
For a 1.4% stake, which values Epic at $17b. It's no risk to other platform owners but might speak to Sony's strategy to expand their userbase beyond Playstation consoles (and platforms PS Now is available on). I have to say this valuation makes Tencent's 330m investment in exchange for 40% of the company look very prescient.