Epic Games now owns ArtStation

Epic Games has announced it’s acquired visual art portfolio platform Artstation in yet another major acquisition for the makers of Unreal Engine. The platform, which is used by game industry professionals as well as artists from other fields, has become well-known both for its wide proliferation of art portfolios as well as a brief but ill-fated flirtation with selling non-fungible tokens (NFTs) for art on the platform. In a blog post, Epic Games wrote that “ArtStation will continue to operate as an independently branded platform while collaborating closely with the Unreal Engine team.” The company also announced that it would be reducing ArtStation marketplace fees “so creators can get even more value from the platform.” Standard fees will drop from 30 percent to 12 percent, while Pro Members will see the fees drop from 20 percent to 8 percent, with 5 percent on self-promoted sales. ArtStation Learning will also remain free to all users for the rest of 2021. April 30, 2021 | By Bryant Francis