Lego and Sony pump $2B investment into Epic Games

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Summary
Sony and the company that controls Lego have both invested $1 billion in Epic Games, the Fortnite maker announced on Monday. The news comes four days after Epic and Lego said they were teaming up to build a family-friendly metaverse.
Kirkbi, which is the holding company that owns The Lego Group, is putting the money into Epic, so this is not a direct funding of that metaverse project. Sony’s investment triples its stake in Epic Games, on top of the $250 million it put into Epic in 2020 and the $200 million it added a year later.
- Source: polygon
- April 12, 2022