-Advertisement-

Epic Games Acquisition of Rocket League: Price, Valuation, and Details Explained

Epic Games
23/12/2023 |Rocket League: Epic’s game evolution from gem to global sensation, now an iconic multiplayer title available on multiple platforms, shaping esports and gaming history.| Credits: Rocket League

Rocket League by Epic Games: Maintaining Its Status as a Premier Online Multiplayer Game. Psyonix, the developer behind Rocket League, established its legacy with the game’s launch in July 2015. Initially an underrated gem, it swiftly evolved into a player favourite, gaining widespread popularity as a hybrid sports title. Even before the studio’s acquisition by the publisher, Rocket League had transformed from its humble beginnings into a massive success, solidifying its status as a beloved game among players worldwide.

What Price Did Epic Games Pay? 

To secure the rights to one of the most iconic multiplatform online games what’s the price paid by Epic Games? Fans waiting for answers to these questions will have them answered here as we ponder the cost of Rocket League and see the game evolve.

The actual amount is to be disclosed yet, but Epic Games is estimated to have spent over $200 million on Rocket League and its developers in the middle of 2019. Post The game became very popular and made USD 110 million in revenue in one year.

Also Read:  How to Accept License Agreement in Rocket League

Considering not just Psyonix’s intellectual properties but also the entirety of the studio and its workforce of 132 employees in 2019, the reported acquisition sum aligns reasonably with Epic Games’ takeover four years ago. Psyonix, originating in 2000, notably introduced Supersonic Acrobatic Rocket-Powered Battle-Cars in 2008, despite its commercial shortcomings, laying the crucial groundwork as the significant precursor to Rocket League.

Rocket League transitioned to a free-to-play model in 2020, marking a pivotal moment. A report from Level Infinite in March 2023 highlighted its staggering success under Epic Games’ ownership, amassing over $900 million in revenue since the acquisition. This exponential growth, nearly tenfold from its launch, starkly contrasts with The Wall Street Journal’s December 2015 report, which indicated a mere $2 million development cost at the game’s inception.

Rocket League’s ascent into an esports phenomenon has been marked by numerous competitive tournaments worldwide. Its inclusion in Epic Games’ prestigious Hall of Fame signifies its remarkable success, solidifying its position as one of the company’s most triumphant and celebrated titles to date.

Also Read:  What are Clears in Rocket League?

Rocket League is available on?

Rocket League, the adrenaline-pumping vehicular soccer game, is accessible across a multitude of platforms, catering to a wide gaming audience. It’s available on PC via platforms like Steam and the Epic Games Store. Console enthusiasts can enjoy the game on PlayStation 4, PlayStation 5, Xbox One, Xbox Series X|S, and Nintendo Switch. This wide availability ensures players can engage in thrilling matches regardless of their preferred gaming platform, fostering a vibrant and inclusive community across various devices.

Conclusion

Rocket League’s journey from an underrated gem to a global sensation is a testament to its enduring appeal and exceptional gameplay. Epic Games’ acquisition of Psyonix and Rocket League wasn’t just a business move; it was an investment in a game that transcended expectations. Despite the undisclosed purchase price, estimates of around $200 million affirm the magnitude of Epic’s commitment to this title. The shift to a free-to-play model in 2020 catapulted its revenue to over $900 million, underscoring its immense popularity. Its availability on multiple platforms has created a diverse and thriving community, while its entry into the esports realm cements its status as a premier title. Rocket League’s legacy isn’t just about goals scored or championships won; it’s about how it transformed from a modest concept into a cultural phenomenon, leaving an indelible mark on gaming history.

Also Read:  How to Earn Free V-Bucks in Fortnite: A Comprehensive Guide
MoroEsports Staff
MoroEsports Staffhttp://moroesports.com/
Official press release account of Team MoroEsports.