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Media & Entertainment

Sony partners with 'Fortnite' producer ahead of PS5 launch

Japanese conglomerate to invest $250 million in US developer Epic Games

Epic is known for the smash hit "Fortnite" as well as the advanced game engine "Unreal Engine."    © Reuters

TOKYO -- Sony has acquired a small stake in the creator of smash hit "Fortnite" in a $250 million move that highlights the Japanese conglomerate's determination for a successful PlayStation 5 launch amid an intensifying battle in the game console arena.

Sony will acquire about 1.4% in U.S. developer Epic Games, also backed by Chinese IT giant Tencent Holdings.

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