Epic Games is releasing Unreal Engine 5.1 today as an update to the game engine that it hopes will be used to build the metaverse.

Epic Games, Unity, and Valve released a triple hit of good news. That is, free versions of Unity 4 and Unity 5, Unreal Engine 4, and Source 2 were all announced.

Epic announced a slate of new features for Unreal Engine 5 during its State of Unreal address, but the most important update flew under the radar.

Epic released the first public version of Unreal Engine 5, a sprawling multi-tool development environment for games and 3D content. Why you should you care.

Access to the binary development tools and the UE4 source code is now included in a $19/mo subscription plan. Developers will also pay Epic five percent of any revenue earned from UE4 developed games.

Unreal Engine 5 is finally available, and promises a new wave of more realistic games and shows.

Unreal Engine 4 now available as $19/month subscription with 5% royalty Formerly secretive source code to be released to subscribers via GitHub.