Disney to invest $1.5 billion in ‘Fortnite’ maker Epic Games to create games, entertainment

2024-12-26 01:23:59 source:lotradecoin roadmap category:Finance

BURBANK, Calif. (AP) — The Walt Disney Co. said Wednesday it is paying $1.5 billion for a stake in “Fortnite” maker Epic Games, working with the game developer to create a “games and entertainment universe” that will feature games, shows and characters from Disney, Pixar, Marvel, Star Wars, Avatar and more.

“This marks Disney’s biggest entry ever into the world of games and offers significant opportunities for growth and expansion,” Disney CEO Bob Iger said in a statement.

Disney said the two companies have already collaborated on “Fortnite” content, including the Marvel “Nexus War with Galactus,” which drew more than 15.3 million concurrent players.

More:Finance

Recommend

Beyoncé will perform halftime during NFL Christmas Day Game: Here's what to know

The "Cowboy Carter" Christmas countdown has began, and Beyoncé Knowles-Carter is gearing up to hit

Inside Reese Witherspoon and Jim Toth's Drama-Free Decision to Divorce

Breakups don't have to be bitter or brutal.Just ask Reese Witherspoon and Jim Toth, who put on a uni

Get a $40 J.Crew Top for $8, $159 Pants for $38, a $138 Cardigan for $38, and More Major Deals

We independently selected these products because we love them, and we think you might like them at t