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Disney Acquiring $1.5 Billion Stake in Epic Games, Multi-year Project Teased Disney Acquiring $1.5 Billion Stake in Epic Games, Multi-year Project Teased
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Disney Acquiring $1.5 Billion Stake in Epic Games, Multi-year Project Teased
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Old 9th February 2024, 07:27   #1
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Default Disney Acquiring $1.5 Billion Stake in Epic Games, Multi-year Project Teased

The Walt Disney Company has announced a new collaborative venture with Epic Games—yesterday's press release outlined the creation of an upcoming "all-new games and entertainment universe that will further expand the reach of beloved Disney stories and experiences." Epic's Fortnite appears to be the first port of call for an expanded roster of Disney-owned characters and locales (perhaps for seasonal and time limited events)—new interactive projects will emerge at later time: "(our) persistent universe will offer a multitude of opportunities for consumers to play, watch, shop and engage with content, characters and stories from Disney, Pixar, Marvel, Star Wars, Avatar and more. Players, gamers and fans will be able to create their own stories and experiences, express their fandom in a distinctly Disney way, and share content with each other in ways that they love. This will all be powered by Unreal Engine." Additionally, the press briefing mentions a big money transaction: "Disney will also invest $1.5 billion to acquire an equity stake in Epic Games alongside the multi-year project. The transaction is subject to customary closing conditions, including regulatory approvals."

https://www.techpowerup.com/318898/d...project-teased
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