By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Lifestyle UgandaLifestyle UgandaLifestyle Uganda
  • Home
  • News
    • International News & Politics
    • Education
    • Sports
    • Money & Finance
    • Mobile and Telecommunication
    News
    Get breaking news, music updates, and celebrity stories from Uganda and East Africa. Stay informed with Lifestyle Uganda—your insider source for real-time industry updates.
    Show More
    Top News
    Lycamobile Uganda data bundles and voice (1)
    Lycamobile Uganda: 4 Most Frequently Asked Questions & Answers
    4th April 2025
    Who is John Blaq: Biography, Profile and Life Story of Kashada John
    Who is John Blaq: Biography, Profile and Life Story of Kashada John
    5th October 2023
    lifestyleug.com__Airtel Uganda revises its double data bundle offers (1)
    Airtel Uganda Is Now Offering Double Data Bundles for Its Smartphone Users
    Sponsored by
    TK Makeup Empire
    Latest News
    Museveni Nominated Unopposed as NRM Flagbearer Ahead of 2026 Election
    6th July 2025
    Mpox Cases Falling in Africa, But Outbreak Still Concentrated in Key Hotspots, Says Africa CDC
    5th July 2025
    Bad Black gives birth to baby Jaasiel on her own birthday: “A bond written not just in blood, but in destiny”
    6th July 2025
    Entebbe International Airport Expands Karibuni Lounge to Meet Growing Passenger Demand
    5th July 2025
  • Business
  • Entertainment
    • Music
    • Celebrity
    • Biography
    • Lifestyle
      • Fitness
      • Pop Culture
      • Travel/Culture
    Entertainment
    Stay up-to-date with Lifestyle Uganda Entertainment—the latest news, celebrity gossip, films, and TV shows from Uganda, Nigeria, Kenya, and South Africa.
    Show More
    Top News
    Lycamobile Uganda data bundles and voice (1)
    Lycamobile Uganda: 4 Most Frequently Asked Questions & Answers
    4th April 2025
    Who is John Blaq: Biography, Profile and Life Story of Kashada John
    Who is John Blaq: Biography, Profile and Life Story of Kashada John
    5th October 2023
    Bobi Wine and Barbie Share First Joint Magazine Cover
    Bobi Wine and Barbie Share First Joint Cover on Parents Magazine in Kenya
    3rd November 2018
    Latest News
    Bad Black gives birth to baby Jaasiel on her own birthday: “A bond written not just in blood, but in destiny”
    6th July 2025
    Gospel Singer Baby Gloria Sets Wedding Date with Fiancé Mbaleka Jonas
    4th July 2025
    Ugandan singer Ykee Benda holds traditional Kukyala ceremony with fiancée Emily Nyawira
    4th July 2025
    Angélique Kidjo to Receive Star on Hollywood Walk of Fame, First for an African Musician
    4th July 2025
  • Fashion
    • Beauty Trends
    • Accessories
    • Hair
    • Lipstick
    • Makeup
    • Skincare
    FashionShow More
    Miss Uganda 2025 launch highlights shift in strategy.
    Search for Miss Uganda 2025/2026 Begins with Centralised Format
    13th June 2025
    Mental health advocate Hasset Dereje shines at Miss World, secures Africa title.
    Ethiopia’s Hasset Dereje Named Miss World Africa and First Runner-Up at 72nd Miss World Pageant
    2nd June 2025
    Natasha Nyonyozi honoured at Miss World 2025 for autism advocacy.
    9
    Natasha Nyonyozi Wins ‘Beauty with a Purpose’ Africa at Miss World 2025
    31st May 2025
    Natural hair takes centre stage in Uganda.
    Natural Hairstyles in Uganda: The Beauty of Texture, Twists, and Timeless Trends
    26th May 2025
    This is how Zari Hassan does soft power dressing.
    Zari Hassan Just Gave Us a Masterclass in Power Dressing with Modesty — and We’re Taking Notes
    19th May 2025
  • Health & Living
  • Tips & Advice
Search
© 2023 Lifestyle Uganda. All Rights Reserved.
Reading: Sony Has Announced a $250 Million Stake in Epic Games
Share
Sign In
Notification Show More
Font ResizerAa
Lifestyle UgandaLifestyle Uganda
Font ResizerAa
  • Home
  • News
  • Business
  • Entertainment
  • Health & Living
Search
  • Home
  • News
    • International News & Politics
    • Education
    • Sports
    • Money & Finance
    • Mobile and Telecommunication
  • Business
  • Entertainment
    • Music
    • Celebrity
    • Biography
    • Lifestyle
  • Fashion
    • Beauty Trends
    • Accessories
    • Hair
    • Lipstick
    • Makeup
    • Skincare
  • Health & Living
  • Tips & Advice
Have an existing account? Sign In
Follow US
© 2023 Lifestyle Uganda. A Now & Entertainment Media Company. All Rights Reserved.
Lifestyle Uganda > Blog > Entertainment > Sony Has Announced a $250 Million Stake in Epic Games
EntertainmentNewsTechnology & Science

Sony Has Announced a $250 Million Stake in Epic Games

Lifestyle Uganda
Last updated: 21st January 2023 1:48 pm
By
Lifestyle Uganda
ByLifestyle Uganda
Senior Editor
Discover breaking entertainment news and exclusive insights from Uganda, Kenya, Tanzania, Rwanda and Nigeria—only at Lifestyle Uganda.
Follow:
- Senior Editor
Share
3 Min Read
sony buys stake in Epic Games
Sony is pleased with its investment in Epic. File Photo
SHARE

Sony announced a 250 million dollars stake in Epic Games creator of Fortnite and Gears of War.

sony buys stake in Epic Games
Sony is pleased with its investment in Epic. File Photo

Sony has announced a $250 million stake in Epic Games. The Japanese joint venture will earn 1.4% interest in the video game studio. 

The creator of games like Fortnite and Gears of War, the Epic Games are now worth $17.86 billion. This partnership will allow both companies to collaborate more closely on upcoming projects.

History of mutual respect

Sony and Epic Games have been working together for many years, and mutual appreciation is clear. Epic founder and CEO Tim Sweeney have praised Sony’s new PlayStation 5. He referred to it as the “remarkably balanced device”. 

This May, Epic released a new version of Unreal Engine 5 for use on the new PlayStation. Epic Games has been a trusted advisor to Sony as both companies work to improve the storage infrastructure on their next console.

Sony’s statement

Sony is pleased with its investment in Epic and their future partnership. Kenichiro Yoshida, Chairman and President of Sony Corporation, said:

- Advertisement -
lifestyle uganda adwords

“Epic’s powerful technology in areas like graphics is at the forefront of the game engine development with the Unreal Engine and other inventions. There is no better example than Fortnite’s revolutionary experience of entertainment. Through our investment, we will explore opportunities to further collaborate with the epic not only in sports, but also in the fast-growing digital entertainment landscape to bring joy and value to consumers and industry. “

Still, an exclusive deal that is only available on Epic Games’ Sony consoles is not possible. Currently, epic titles continue to be available on other gaming consoles, including the rival Xbox. But an exclusive deal is possible in the future.

Tips for the Multimedia Venture

More Read

uganda films
Matatu Film Stage Returns to Celebrate Local Filmmakers and Their Artistic Passion Projects
Uganda’s Bobi Wine features on the 2019 TIME 100 Next List
MTN Uganda Names Sylvia Wairimu Mulinge as Its New CEO
Walmart Is Set to Launch a Competitor to Amazon Prime in July
Teni on Gunshot: I’m Thankful to God It Didn’t Turn Out Differently

The press release also points out that the two companies may explore additional, cross-media collaborations. Sweeney said, “Share a vision of real-time, 3D social experiences that lead to the integration of gaming, film and music.”

It can be said that projects like the Travis Scott concert that Fortnite recently hosted could turn out to be a common occurrence.

With the extensive resources provided by Sony Music, Epic Games can handle many more by combining gaming and other virtual arts.

- Advertisement -
The Daily Show Host Trevor Noah Is Stepping Down
Introducing the new East Africa Risers Playlist On Apple Music from Shazam
UPFIELD Announces Vegan Menu Partnership with Movenpick Hotels
Major John Kazoora, ex-NRA officer and government critic, dies aged 67
MultiChoice Launches ‘Movie Room’ on DStv Channel 113
TAGGED:epic founder ceo timfortnite gears war epic gamesgears war epic gamessony buys stake in Epic Gamessony epic games workingsony stake in Epic Gamessweeney praised sony playstationtim sweeney praised sony

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
I have read and agree to the terms & conditions
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Whatsapp Whatsapp Reddit Email Copy Link
Share
ByLifestyle Uganda
Senior Editor
Follow:
Discover breaking entertainment news and exclusive insights from Uganda, Kenya, Tanzania, Rwanda and Nigeria—only at Lifestyle Uganda.
Previous Article Amazon Prime competitor Walmart (1) Walmart Is Set to Launch a Competitor to Amazon Prime in July
Next Article Grant Imahara has died at the age of 49 Grant Imahara, the Host of ‘Myth Busters’, Has Died at the Age of 49

Stay Connected

45.2kFollowersLike
5.1kFollowersFollow
213FollowersPin
35.6kFollowersFollow
11kSubscribersSubscribe
400FollowersFollow
- Advertisement -

Latest News

Yoweri Museveni, who has led Uganda for nearly 40 years, has been nominated to seek another term as president in 2026.
Museveni Nominated Unopposed as NRM Flagbearer Ahead of 2026 Election
International News & Politics News
6th July 2025
Africa CDC Warns of Mpox Hotspots as Over 25,000 Cases Confirmed.
Mpox Cases Falling in Africa, But Outbreak Still Concentrated in Key Hotspots, Says Africa CDC
Health & Living News
5th July 2025
Bad Black after giving birth.
Bad Black gives birth to baby Jaasiel on her own birthday: “A bond written not just in blood, but in destiny”
Entertainment News
6th July 2025
Entebbe Airport unveils upgraded Karibuni Lounge.
Entebbe International Airport Expands Karibuni Lounge to Meet Growing Passenger Demand
News Travel/Culture
5th July 2025
//

At Lifestyle Uganda, we inform, entertain, and inspire action through the content we create — empowering you to live a celebrity life.

Quick Link

  • Home
  • News
  • Business
  • Entertainment
  • Health & Living

Top Categories

  • About Us
  • Send a Tip
  • Terms of Use
  • Privacy Policy
  • Contact

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

I have read and agree to the terms & conditions
Lifestyle UgandaLifestyle Uganda
Follow US
© 2025 Lifestyle Uganda. A Now & Entertainment Media Company. All Rights Reserved.
Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..
I have read and agree to the terms & conditions
Zero spam, Unsubscribe at any time.
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

Not a member? Sign Up