Bloomberg Technology
Bloomberg Studio 1.0: Epic Games CEO Tim Sweeney
Sep.11 — Emily Chang sits down with Tim Sweeney, chief executive officer of Epic Games, and creator of the popular “Fortnite” game on “Bloomberg Studio 1.0” as he fires the first shots at Apple and Google for their app-store fees.
Bloomberg Technology
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Bloomberg Technology
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Bloomberg Technology
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Pratik
September 11, 2020 at 8:13 pm
Tim Sweeney will only earn our respect if he get rid of tencent.
101yayo
September 11, 2020 at 8:15 pm
Yeah he is doing this to “earn” your respect.
Pratik
September 11, 2020 at 8:18 pm
I care very little for Apple vs Epic. What ever is more pro consumer is my bet
101yayo
September 11, 2020 at 8:34 pm
@Pratik I don’t use either of them.
DJ M
September 11, 2020 at 10:13 pm
Dumb comment
Micro Tasker
September 12, 2020 at 1:56 pm
You obviously have no idea where money comes from to develop hollywood movies, huge videogames and other entertainment ventures. Taking Chinese money is like taking American money, it just had to go through China first, lol.
DJ M
September 12, 2020 at 2:16 pm
@Micro Tasker I do know that they work and I do not care. They are allowed to have businesses too. Apple used them for slave labor for cheap. Your point?
DJ M
September 12, 2020 at 2:17 pm
@Micro Tasker Apple sucks either way. Overpriced and no innovation. And now a monopoly.
Micro Tasker
September 12, 2020 at 2:21 pm
@DJ M My comment was in response to the op, not your ‘dumb comment’ remark. To that end, I agree.
Pratik
September 12, 2020 at 2:39 pm
Micro Tasker k
Ryan
September 13, 2020 at 4:31 am
Tencent PAYS HIM
Appleswagonbro TheRealOne
September 11, 2020 at 8:20 pm
What time guy wants is to open a target and a Walmart , and open a farmers market in Walmart
Hossein a
September 11, 2020 at 9:20 pm
It looks like Epic is the winner of this fight. Even if it is forced out of ios.
Normalized Audio
September 11, 2020 at 9:22 pm
Shareholders and hedge funds expect Apple to ‘hold the line.’ There is NO reasonable capitulation to Epic and others seeking basic fair payments.
Normalized Audio
September 11, 2020 at 9:23 pm
Apple payment processor just raises it to %50 and give four eyes the finger. Business in USA.
Paul Orozco
September 11, 2020 at 9:43 pm
Lol, recorded on July 28th from the top left. They’ve been planning this for a while
Ryan
September 13, 2020 at 4:29 am
Its been uploaded before this is a reupload
DJ M
September 11, 2020 at 10:12 pm
It is time for the government to step in. Both Apple and Facebook need to be regulated.
DJ M
September 11, 2020 at 10:23 pm
Apple offers nothing special. It is like Nike. They go off of branding and high prices to be cool.
DorGreen1
September 13, 2020 at 4:02 pm
App Store is no different than (say) Play Store, but as a company Apple make platforms that are technologically unique. So in a way much like Nike, but not in all ways 🙂
Claudius Moi
September 11, 2020 at 11:38 pm
His room looks so shaddy. Does he still live in his parents house?
Mayur Vashishth
September 12, 2020 at 7:36 am
Not sure what makes Tim Sweeney think he can sustain a business model like Epic Store. It is heavily subsidized by popularity of Fortnite and once that’s out of the window Epic will have to realize that they have to work with a business model similar to Valve. Also, not sure why conservatives want to regulate big tech? Isn’t free market capitalism supposed to be about less regulation?
Filippo Pirri
September 12, 2020 at 8:26 am
Free market capitalism is about competition and sometimes the government need to step in to level the field and enhance innovation.
Micro Tasker
September 12, 2020 at 1:53 pm
Yeah, I don’t see any real conservatives in government. Just nonces with their hands out.
Super Films 012
September 12, 2020 at 9:07 am
Noah’s biggest rival 😂
F W
September 12, 2020 at 10:21 am
Let’s enjoy CCP’s game
Robert Dimitrov
September 12, 2020 at 12:05 pm
I used to like Epic, then they became extremely greedy with the attack on Apple, when their success is in part because of the iOS platform and App Store.
Having said that, Tim looks and sounds like a cool guy and the whole interview was a real pleasure to listen.
Micro Tasker
September 12, 2020 at 1:47 pm
So you think taking 30% of your hard work is cool, huh? For doing nothing other than allowing access to build content on one platform? Just wow.
Robert Dimitrov
September 12, 2020 at 1:55 pm
Micro Tasker it’s definitely not cool, but most of the apps are free and don’t generate revenue to cover their operational costs on the Store. In a startup I had, the 70% we got from Apple were enough to cover the development of our bigger and more ambitious product and there are many companies thriving on the 70%. Is 30% too much for hosting, infrastructure and marketing – definitely yes, but there are many benefits because of the platform. Maybe the tax on both Play Store and App Store should be lowered to 20-25%, but can’t be removed completely.
Micro Tasker
September 12, 2020 at 2:04 pm
@Robert Dimitrov I never said ‘free’, but ranging between 15-25% would be more fair. If you have a title with high dev cost and a low return, that would kill your project without some kind of outside financing.
Robert Dimitrov
September 12, 2020 at 2:58 pm
Micro Tasker definitely. We’ll see how this will play out. With the current momentum, antitrust and lawsuits, lowering the taxes will be great.
Joseph Wong
September 12, 2020 at 12:17 pm
Seems like an honest guy and wants whats best for everyone
Khalifa Almehairi
September 12, 2020 at 5:16 pm
The argument is silly
Shahar Rozenbloom
September 12, 2020 at 6:38 pm
We Also Need To Earn Money and We Don’t Sale Crack like You And We Have Ten Thousands Engineers on App Store. And The iCloud cost tens of Billions a Year. You act like Robber. And It Because It’s An Evil Game not the Money Screw The Money.