As Epic Games battles Apple, it buys ArtStation and cuts 30% commission to 12%
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Impressive entered into more detail on the commissions structure in a separate post.
Legendary Games has actually revealed that it has acquired artist portfolio and sales site ArtStation, for an undisclosed fee. In a move likely developed to enhance its antitrust case against Apple, Epic has informed artists that it is decreasing its standard commission from 30% to 12%.
As of today, were massively increasing the making capacity of sellers on the ArtStation Marketplace. Were dropping our standard fees from 30% to only 12%. For Pro members, the charge decreases from 20% to 8% and 5% for self-promoted sales.
Today we are delighted to reveal that ArtStation is signing up with the Epic Games household. ArtStation offers a platform for creators across video games, media and home entertainment where they can establish and share their portfolios, post and discover task opportunities and earn a living doing what they enjoy. Together we will continue to grow the ArtStation community and integrate new features and tools that expand developers ability to showcase their skill and art work.
At Epic, ArtStation will continue to operate as an independently branded platform while collaborating closely with the Unreal Engine group. By joining forces, the ArtStation and Unreal Engine groups will have the ability to empower the creative community with broadened resources, connections, and tools. And beginning today, we will be lowering ArtStation Marketplace costs so developers can get even more worth from the ArtStation platform. ArtStation Learning will also be free to all users for the rest of 2021.
This is the very same portion Epic charges developers for sales through its own store (though that does increase to 30% or 35% for Steam sales).
The company is likely to mention this as a guide to what it thinks about a sensible organization model. In specific, Epic separates out the deal cost for charge card processing, charging an extra flat charge of 30 cents for this. Apple in part validates its own cut of App Store sales on the basis of consisting of card processing.
The lowest charge Epic now charges on ArtStation is 5% for self-promoted sales by Pro members, the membership for which costs $9.95/ month, or $119.40/ year. This compares to the $99/year expense to sign up with the Apple Developer Program.
Earlier today, we reported on a senior Google engineer weakening one of Apples defenses in the event.
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Today we are delighted to announce that ArtStation is signing up with the Epic Games household. And starting today, we will be reducing ArtStation Marketplace fees so creators can get even more value from the ArtStation platform. Were dropping our standard costs from 30% to just 12%. For Pro members, the fee lowers from 20% to 8% and 5% for self-promoted sales.