Unreal Engine 5 License

Ok, now that is revealed, please tell us that the licensing terms of UE5 will be like UE4, right, epic?

This is on their UE5 news page so I would guess they are?

Do you know if we would have to apply for another license if we already did with UE4?

You never had to apply for a license unless you were getting custom licensing.

The new licensing is applying to current licensing with UE4 as well, so it’s already in effect.