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Disney Acquires .5 Billion Worth of Epic Shares to Create a New Gaming and Entertainment Universe

update:2024-02-08

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Today, Disney announced that it will acquire a stake in Epic Games for $1.5 billion, and will establish a deep partnership with Epic to develop new Disney games and entertainment worlds related to Fortnite.

The collaboration between the two companies aims to expand Disney's influence by creating a new entertainment world that is interconnected with Fortnite. This new world will offer consumers numerous opportunities to play, watch, shop, and engage with content, characters, and stories from Disney, Pixar, Marvel, Star Wars, Avatar, and more. Visitors, gamers, and fans will be able to create their own stories and experiences, all powered by Epic's Unreal Engine.

Epic CEO and founder, Tim Sweeney, stated, Disney is one of the companies that believed in the potential of Fortnite to merge their world with ours, and they have been using the Unreal Engine in their product portfolio. Now, we are collaborating to develop something entirely new, to create a lasting, open, and interoperable ecosystem that brings together Disney and the Fortnite community.

Disney CEO, Robert A. Iger, expressed excitement about the new partnership with Epic Games, saying, Our exciting new relationship with Epic Games will combine Disney's beloved brands and IP with the popular Fortnite, creating a transformative new gaming and entertainment world. This marks a significant step for Disney into the world of gaming and provides important opportunities for growth and expansion. We can't wait to give fans a groundbreaking new way to experience Disney's stories and their favorite worlds.

In addition to this collaboration, the partnership between Disney and Epic Games opens up possibilities for future projects, including the potential development of new games, immersive experiences, and integration of Disney properties within the Fortnite universe. This strategic alliance between two industry giants will undoubtedly shape the future of gaming and entertainment.

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