"Disney's $1.5B Investment in Epic Games for Expansive Fortnite Universe and Streaming Growth"
TL;DR
Disney is investing $1.5 billion in Epic Games to create a new gaming universe that integrates Disney's storytelling into Epic's Fortnite, offering opportunities for consumers to play, watch, shop, and engage with content from Disney, Pixar, Marvel, Star Wars, and more. This marks Disney's biggest entry into the world of video games and signifies a commitment to building a metaverse-like experience. The partnership aims to create a persistent, open, and interoperable ecosystem, allowing fans to create their own stories and experiences in a distinctly Disney way, powered by Unreal Engine.
Topics:entertainmenttechnology-and-gaming#disney#epic-games#gaming-universe#investment#metaverse#technology-and-gaming
- Disney invests $1.5B in Fortnite maker Epic Games to build a persistent game universe VentureBeat
- Disney beats on earnings, boosts dividend as streaming losses narrow Yahoo Finance
- Disney to take $1.5 billion stake in Epic Games, work with Fortnite maker on new content CNBC
- Disney Buys $1.5 Billion Stake in Epic Games to Create 'Expansive' Universe Within Fortnite IGN
- Disney Turns to Taylor Swift, 'Fortnite' to Bolster Its Fortunes The Wall Street Journal
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