Steam did need proper competition. I wouldn't mind seeing Valve feel at least a bit pressured to focus on game development as before, but is that really gonna happen? Even if Epic manages to secure these big name titles, there's still a ton of content out there being sold on Steam. And I thought Jim raised some good points about this. At the moment, that's one thing the Epic store has going for it - it's clean and devoid of all the shit that's amassed on Steam over the years. Will that forever be the case? Are they going to do a better job than Valve and properly curate their store? I don't know, but having proper exposure in the store can make a world of difference to indie developers.
Another thing that's brought up in the video is how Epic doesn't really want to compete with Steam. If it were a proper competition, you'd have these games available on both stores and the people would determine which is best suitable for them. However, as you asked @[HP] what's the big deal? The big deal is that people are heavily invested in Steam and they don't want to change. At this point there are people who've been on Steam for over 10 years and some have built a significant library of games. Everything has been in one place and it was convenient. Is that stupid, to be invested in one platform to the point where it becomes a monopoly? Maybe, but at the core people don't want to change after they've become comfortable, not without a good reason. And this is something that Epic is aware of. That's why the cut they're taking from sales is so low and that's why they're doing these exclusivity deals. They are essentially making a deal that the developers can't refuse in an attempt to force the people to use their store if they want to play the games and not wait six or twelve months.
In a recent article on PC Gamer https://www.pcgamer.com/40-percent-of-epic-games-store-users-say-they-dont-have-steam/ Epic said they now have 85 million users and that 40% of them don't have Steam installed on their systems. How did they find that out? Well, it must have been one hell of a survey.
Personally, I don't know what to think of this yet. As I'm getting an instinctively negative reaction when I see these exclusivity deals, I wonder if that's normal on my part. But I have to say these are interesting times.