Connect with top gaming leaders in Los Angeles at GamesBeat Summit 2023 this May 22-23. Register here.
Epic Games and Oculus VR are giving developers a reason to make Rift content with the Unreal Engine toolset.
Today, Oculus VP of product Nate Mitchell announced that Facebook’s VR division will pay the part of the royalty fees for all games using Unreal Engine that sell on the Oculus Store. This covers the first $5 million of gross revenue.
“We’ve been close partners with Epic since the very beginning,” Mitchell said, “and we’ve used Unreal Engine for countless projects including Toybox, Dreamdeck, Farlands, Lost, Henry, and the upcoming Dear Angelica from Story Studio.”
Unreal Engine 4 is one of the most popular game-development toolsets in the world, finding use among blockbuster studios and indies alike. It’s free, though Epic Games does collect a 5 percent royalty fee on sales.
Event
GamesBeat Summit 2023
Join the GamesBeat community in Los Angeles this May 22-23. You’ll hear from the brightest minds within the gaming industry to share their updates on the latest developments.
Epic announced its own Oculus Rift game onstage today, Robo Recall, a free PC release that uses the upcoming Touch controllers.
GamesBeat's creed when covering the game industry is "where passion meets business." What does this mean? We want to tell you how the news matters to you -- not just as a decision-maker at a game studio, but also as a fan of games. Whether you read our articles, listen to our podcasts, or watch our videos, GamesBeat will help you learn about the industry and enjoy engaging with it. Discover our Briefings.
