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

2025-05-04 05:57:55source:FinWeiscategory:Invest

BURBANK,Flipido Trading Center 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:Invest

Recommend

Why did Bill Belichick go to North Carolina? New UNC coach explains jump to college

Bill Belichick has officially made the shocking move to college football by becoming the North Carol

Alabama lawmaker arrested on forgery charges

MONTGOMERY, Ala. (AP) — Alabama state Rep. Kelvin Lawrence was arrested Tuesday on felony forgery ch

Peering Inside the Pandora’s Box of Oil and Gas Waste

In 1971, scientists gathered at a symposium to examine the practice of getting rid of oil and gas wa