Epic Games, the owners of the game engine Unreal Engine, has just acquired artist portfolio community ArtStation. The terms of this deal were not disclosed.
Founded back in 2014, ArtStation offers 2D & 3D digital artists a place to showcase to the community their art creations across multiple industry such as gaming, media and entertainment.
One of the main changes that Epic Games has made straight away, is the fee structure on ArtStation's marketplace. Rates have dropped for standard users from 30% down to 12%, with Pro member users, the rates have reduced from 20% down to 8% and 5% for self-promoted sales. Along side this, ArtStation Learning has been made accessible to all users free of charge for the rest of the 2021 year.
Epic Games Vice President and General Manager, Marc Petit, provided a statement to say "We look forward to working with them (ArtStation) to provide creators with access to even more resources and tools, empowering them to do their best work".
ArtStation CEO, Leonard Teo, reassured the artists that currently use the site that "You can still use the platform as you do today, and we will continue to be open to all creators across verticals, both 2D and 3D alike—including those that don’t use Unreal Engine. We’ll be actively hiring and growing the ArtStation team. We’re committed to improving the platform and now as a part of Epic, we’ll be able to do much more".
Leonard went on to say that Epic's Unreal Engine team has been incredibly supportive of the platform, with Epic providing ArtStation with one of its Megagrants last year during the challenging times of the coronavirus pandemic.
The CGHERO team, who received a Megagrant earlier this year, were delighted to hear Epic Games are continuing to invest more into the industry, especially during these challenging times.