With today's update 4.1, Unreal Engine 4 is available to developers at no additional charge on PS4 and Xbox One. Epic is running Unreal Engine 4 as asubscription-based service, for $19 a month and 5 percent of gross revenue from any commercial product made with the engine.
Unreal Engine 4 already runs on PS4 and Xbox One, but today's update makes it easier for new developers to secure a license on these consoles. Microsoft notes that now its independent developers in the ID@Xbox program can access Unreal Engine 4. Developers must still register with Sony and Microsoft; see the rundown of registration steps here.
With update 4.1, Unreal Engine 4 now supports previous- and current-gen consoles, PC, Mac, SteamOS, Linux, iOS, Android, Oculus Rift and Project Morpheus.