Disney Buys Stake in Fortnite Maker Epic Games
Disney has bought a major stake in Epic Games, the company behind Fortnite, as part of a growing entertainment partnership.
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Disney has bought a major stake in Epic Games, the company behind Fortnite, as part of a growing entertainment partnership.
Disney and Epic Games have announced plans to collaborate on a new gaming and entertainment universe.
The Walt Disney Company and Epic Games will collaborate on an all-new games and entertainment universe that will further expand the reach of beloved Disney stories and experiences. Disney will also invest $1.5 billion to acquire an equity stake in Epic Games alongside the multiyear project. The
DIS earnings call for the period ending December 31, 2023.
The new games and entertainment universe will enable consumers to play, watch, create and shop for both digital and physical goods, said Disney CEO Bob Iger.