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Epic Games Buys ArtStation, Slashes Artist Fees

Summary

  • Epic Games has acquired the digital artist marketplace ArtStation.
  • Seller fees on ArtStation will be significantly reduced.
  • ArtStation will continue operating independently as a creator platform.
Epic Games Buys ArtStation, Slashes Artist Fees

Epic Games has announced its acquisition of ArtStation, a prominent online marketplace catering to digital artists in the gaming and entertainment sectors. This strategic move occurs while Epic Games is engaged in a significant legal dispute with Apple concerning App Store commission fees.

The acquisition is expected to benefit creators directly through reduced fees. Standard seller fees will drop from 30 percent to 12 percent. For ArtStation Pro members, the fee will decrease from 20 percent to 8 percent, with self-promoted sales incurring only a 5 percent fee.

ArtStation will continue to operate as an independently branded platform. Its educational resource, ArtStation Learning, will be available for free for the remainder of 2021. The company has committed to growing the ArtStation team and enhancing the platform, leveraging Epic Games' resources to achieve this goal.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.

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