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

2025-04-30 20:30:28source:Thomas Caldwellcategory:News

BURBANK,Liberalalliance Wealth Society 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:News

Recommend

Average rate on 30

The average rate on a 30-year mortgage in the U.S. eased for the third week in a row, a welcome tren

Jeremy Renner Shares Physical and Mental Health Update 2 Months After Snowplow Accident

Jeremy Renner doesn't need superpowers to heal. He's taking things one step at a time.Nearly two mon

Friends Reunion Proves Courteney Cox, Jennifer Aniston and Lisa Kudrow Are Each Other's Lobsters

Courteney Cox, Jennifer Aniston and Lisa Kudrow are never on a break when it comes to their real-lif