Investor: Phoenix Point builders bought greater than $2 million for Epic exclusivity deal

The deal Phoenix Point developer Snapshot games struck with Epic Games to make the turn-based ways title a timed unique on the Epic Games Store was seemingly price greater than $2 million USD, based on one investor who helped finance the game on Fig. Working backwards from the numbers introduced in an electronic mail from Fig, this investor believes Epic in all probability paid Snapshot about $2.25 million for the exclusivity deal, utilizing SEC filings and already-published info on breakeven factors and income splits.

Fig is a crowdfunding platform that permits backers to transcend the same old mannequin of backing game growth. It permits backers to purchase in at an investor stage, in the end sharing in revenues from games they assist financially. In a Resetera thread, one in every of these traders shared the most recent info they’ve obtained from Fig, which incorporates information of a 191% return. The investor believes this displays the inflow of money from the cope with Epic Games for one yr of exclusivity for Phoenix Point.

For traders to interrupt even on Phoenix Point, Fig would have wanted to tug in $588,235. However, the brand new electronic mail from Fig says the overall return now could be at 191%, or $955,000. That’s 85% of Fig’s 50% lower with Snapshot on new revenues – which suggests Fig’s half of the deal is $1,123,529. Double that to get the total determine, which the investor reckons means the overall quantity gained within the cope with Epic is about $2,247,058.

While Phoenix Point can be going to be distributed through Microsoft’s Game Pass, the investor says this in all probability hasn’t factored into any of the income but. Microsoft’s deal was introduced final June, and as of September final yr, Fig’s filings confirmed no revenues collected for Phoenix Point, which signifies that Microsoft isn’t paying money up entrance for Gamepass offers.

Like other games which have taken exclusivity offers with the Epic Games Store, Snapshot has confronted backlash over the choice, notably from backers who anticipated to obtain game keys for Steam or GOG.

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Phoenix Point creator Julian Gollop, who additionally designed the unique X-Com sequence, has apologised to backers for the choice, however says that he believes it’s in the best interests of the studio and its future titles to enter into the partnership with Epic. And if that deal certainly got here with greater than $2 million in further working capital, it’s a choice that definitely is sensible from the event perspective.

 
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