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Media & Entertainment

With Fortnite investment, Sony takes step to build streaming empire

Netflix fears wildly popular US game as a greater threat than cable TV

A virtual tour in Fortnite by American rapper Travis Scott drew nearly 28 million viewers over three days.

TOKYO -- Sony gains a platform to marry its music and movie assets with games and build a real presence in the streaming world with its decision to invest $250 million in the operator of Fortnite, the hit online game big enough to compete with such video juggernauts as Netflix.

Fortnite was developed as a battle royal by U.S.-based Epic Games. It now boasts more than 350 million accounts worldwide and has grown into one of the largest esports titles.

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