Free to play, expensive to love: 'Fortnite' changes videogame business – Tech News

Thirteen-year-old Sacher playing the videogame 'Fortnite Battle Royale' from his home in Brooklyn, New York. — Reuters

To see the storm that online videogame Fortnite has unleashed on the world, just visit Jett Sacher in Brooklyn. The 13-year-old spends an hour or two every day on the game with his friends and is not afraid to spend his pocket money on it.

“So I bought one dance, two skins and the battle pass, “Sacher told Reuters TV about recent gaming sessions. “So that's I spent US $ 20 (RM78) on both skins so US $ 40 (RM157) … and the dance was another US $ 10 (RM39) so US $ 50, 60 bucks, something like that.”

Sacher's pay -as-you-go spending on online online online online for free online in the United States. at research firm SuperData.

Fortnite, a sort of hybrid of The Hunger Games and Minecraft, drops 100 people on an island to fight each other for survival. It is a game-changer in the industry, analysts have said, because of the huge revenue from the “tween” and the teenage boys purchasing outfits and other add-ons.

Its publisher, Epic Games, is now worth US $ 4.5bil (RM17.74bil), according to Jefferies analyst Tim O'Shea. Rival videogame makers Activision Blizzard, creator of Call of Duty, and The Grand Theft Auto-Takeer

One big winner is Chinese Internet company Tencent Holdings Ltd, which bought 48% of Epic in 2012. Inc's online video service Twitch, where gamers broadcast their efforts to larger and larger captive audiences, and Discord, a chat app for gamers, which have both boasted new records.

Analysts say One of the top Fortnite streamers is a 20-year- old Swedish gamer who goes by the name BogdanAkh. He said he makes about US $ 1,000 (RM3,943) a month from his bedroom in Stockholm, where he streams his plays on Twitch, talking to other players through the discard wearing a mohawk with blond tips and big black headphones.

“If you really think you want to make a lot of money, you have to put a lot of work into it,” he told Reuters TV.

Fortnite is forcing change in the gaming world. The concept of arena-style survival, called “battle royale” in gaming lingo, is now likely to show up in other titles as well. And the success of the 'free-to-play' model could be put up on the US $ 40 (RM157) to US $ 60 (RM236) or even more, said O'Shea. [19659002] Wedbush Securities analyst Michael Pachter said the company is nimble and the creative team is keeping interest in Fortnite.

“The idea that they can charge 15 or 20 bucks for something that other games is a brilliant, scarlet is brilliant,” Pachter said. – Reuters

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