Disney wants to Invests $1.5B in Epic Games for Gaming Universe

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Last Updated on February 8, 2024 by TM

Exciting news! Disney, the company behind our favorite movies and characters, is teaming up with Epic Games, the creators of Fortnite. Disney is investing a whopping $1.5 billion in Epic Games. Together, they plan to create a whole new world of games and entertainment.

Disney’s big boss, CEO Bob Iger, shared the news. He said, “Our new friendship with Epic Games will bring Disney’s beloved characters and stories into a fantastic new gaming and entertainment world. This is a huge step for Disney in the gaming world, offering lots of chances for new adventures and fun.”

In this magical universe, players can do many things. They can play games, watch cool stuff, do some shopping, and enjoy content from Disney, Pixar, Marvel, Star Wars, Avatar, and more! It’s like all your favorite characters coming together for a big party. And guess what? The power behind this world is Epic’s Unreal Engine, which makes everything look awesome. Disney already uses this engine for movies, games, and even in their theme parks.

Disney and Epic Games have been buddies before. Characters from Marvel, Tron, and Star Wars have already visited the Fortnite world. Now, they’re taking it a step further by creating a whole universe where everyone can hang out.

The investment from Disney means they believe in Epic Games and want to help them grow. However, they didn’t tell us how much Epic Games is worth now. Epic Games is a private company, and right now, 40 percent of it belongs to Tencent, a big Chinese tech company. Sony also owns a little over 5 percent.

Epic Games’ CEO, Tim Sweeney, is super excited about this new adventure. He said, “[We] are working on something totally new to make a world where Disney and Fortnite fans can come together. Disney was one of the first to team up with us in Fortnite, and now, we’re taking it even further.”

So, get ready for a fantastic journey into a whole new gaming universe where Disney’s magic meets Epic Games’ creativity. It’s going to be epic!

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