Disney acquires $1.5bn stake in Epic Games, is partnering on "games and entertainment universe" in Fortnite
The Walt Disney Company has announced it’s acquiring a $1.5bn USD stake in Epic Games as it launches a multi-year partnership to create an “expansive and open games and entertainment universe connected to Fortnite”.
This new Unreal Engine-powered “persistent universe” will “interoperate” with Fortnite to offer a “multitude of opportunities for consumers to play, watch, shop and engage with content, characters and stories” from across Disney’s vast IP portfolio.
Explicit mention is made of Disney, Pixar, Marvel, Star Wars, and Avatar, with users able to “create their own stories and experiences, express their fandom in a distinctly Disney way, and share content with each other in ways that they love.”
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