The indie dev will use the funds to polish up its magic-based battle royale game Spellbreak.
Epic's battle royale phenomenon still leads over competitors PUBG and Apex Legends, but its US July revenue showed a 52% drop year-over-year. V-bucks, Fortnite's in-game currency, accounted for the vast majority of in-game spending.
According to a new report, PlayerUnknown's Battlegrounds is on track to overtake Fortnite as the most popular battle royale game.
Elsewhere in mobile, Pokémon Go is still king, while Niantic's Harry Potter tie-in Wizards Unite gets off to a slow start.
Twitch is still by far the most-watched game streaming platform, but its growth noticeably leveled out in the second quarter of 2019, while YouTube Gaming hit some new milestones.
Fortnite, PUBG, and Apex Legends have enjoyed immense popularity. In a new study, Newzoo breaks down the stats of battle royale's place in the gaming landscape.
EA's battle royale entry appears to be down 75% from launch.
The top grossing title is not Fortnite, according to the researchers at Sensor Tower.
According to Executive Producer Drew McCoy, Respawn is '100% committed to the long-term growth of Apex Legends,' with season two details coming at E3.
PlayerUnknown's Battlegrounds to spin up an R&D division for Greene to run in Amsterdam.