Oculus is (still) Covering Unreal Engine Royalties for $5M in Revenue Per-game Through 2025

Originally posted on: www.roadtovr.com

With the recent news that Unreal Engine was permanently waiving engine royalties for the first $1 million in-app revenue, we were reminded of a similar program for VR apps based on Unreal Engine 4 that Oculus established back in 2016.

We reached out to Oculus which confirmed that the program, which covers UE4 royalties for the first $5 million in revenue, is still in place and will continue through 2025.

Back in 2016, just a few months after Oculus launched its first Rift headset, the company announced a UE4 Royalty Payment program.

Although Epic Games announced last week that it will permanently waive Unreal Engine royalties for the first $1 million in app revenue, Oculus confirmed that its own program remains in place to cover Unreal Engine 4 royalties for the first $5 million in revenue from the Oculus store, per-app, through 2025.

While the change to Epic’s own royalty structure makes the Oculus program just a little less sweet, it’s still effectively free money back into the pockets of developers building VR apps with UE4.

Previously the program would have saved developers up to $250,000 per application; with the core changes to Unreal Engine’s royalty structure, the Oculus program will now save developers up to $200,000 (assuming all revenue from the Oculus store), though that first $50,000 will still get waived anyway given Epic’s new policy.

An Oculus spokesperson told Road to VR that the royalty waiver program only applies to Unreal Engine 4, but the company will consider extending it Unreal Engine 5 as well, which is due out in 2021.

The company also clarified that the calculation for covering royalties on the first $5 million in revenue is based on gross revenue (which means before the 30% Oculus store cut).

While the Oculus royalty waiver program is applicable for apps on Quest, Rift, and Go, we aren’t clear on whether or not the same app launched on two or more headsets would be counted as a single app or separate apps in the eyes of the program. We’ve reached out to Oculus for clarity.

Order the Insta360 One X here and get a FREE Selfie Stick!
Order the Insta360 One X here and get a FREE Selfie Stick!

What is 360 VR Video?

360 video is a video that is recorded in all directions at the same time with multiple cameras. The videos are stitched together either internally in the camera or externally using special software.

It then forms one spherical video that is controlled by the viewer, enabling them to look up, down, right or left at their discretion.

Is 360 Video Virtual Reality?

I want you to be the judge.

Recommended MicroSD Card for use with the Fusion 360 camera

Recommended MicroSD Card for use with the Fusion 360 camera 

How are you watching your 360 VR Video?

Are you watching on your PC?

Is it Facebook? YouTube? Veer.TV ?

Or better still, are you using your Samsung Galaxy Smartphone with your Samsung Gear VR Headset?

GoPro-Fusion-Tripod-Mount-1_4-20-screw-thread for GoPro Fusion

Or are you using another smartphone with a Google Cardboard? Google Daydream?

Leave a comment below. Let us know what you like or don’t like. If you have seen a 360 VR video that you think is awesome, tell us, and we will feature it.

What type of VR Headset do you own? Or do you watch with your computer? Smartphone?

Do you have a VR camera? Ricoh Theta S? Ion360?  Samsung 360 gear? Insta360?

And if you are looking for 360 Video Production Services, contact Al Caudullo exploretv@gmail.com

With 37 years of Media experience, we can Deliver More for You in 360 Video. Click here to see what our customers say about our work

Utilizing state of the art technology, Al Caudullo, and his team has been delivering award-winning compelling productions spanning the globe. Exotic destinations blended with unique cultural experiences give viewers an experience like no other.

From vibrant American cities like San Francisco and Las Vegas to the isolated mountains of Mongolia. From ancient civilizations of Cambodia and Myanmar to the lush resorts of Southeast Asia and beyond. All from the comfort of your living room.



Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.