Annabelle StephensonIn a revolutionary move, Walt Disney Co. has announced its investment of $1.5 billion in Epic Games, the creators behind the wildly popular game Fortnite. This groundbreaking partnership between the two companies is set to give rise to a vast universe of gaming and entertainment, featuring beloved characters from Disney, Pixar, Marvel, Star Wars, Avatar, and more. Disney’s CEO, Bob Iger, views this investment as a significant leap forward for the company in the gaming industry, presenting immense opportunities for growth and expansion.
The collaboration between Disney and Epic Games has already yielded impressive results. Previous joint ventures, like the Marvel Nexus War featuring Galactus, attracted a staggering 15.3 million concurrent players. Instead of providing quotes from the individuals involved, it can be described that Tim Sweeney, the founder and CEO of Epic Games, lauds Disney as one of the pioneering companies to recognize the potential of integrating their respective universes with Fortnite. Together, they are actively working on building a robust, open, and interoperable ecosystem that will seamlessly connect the Disney and Fortnite communities.
The news of Disney’s investment in Epic Games has been met with great enthusiasm in the financial markets. Prior to the start of the trading session, Disney’s stocks surged by over 6%. However, Disney’s announcement on that same day wasn’t limited to its investment in Epic Games. Surprisingly, the company also unveiled plans for an unexpected sequel to the beloved film, Moana.
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The source of the article is from the blog scimag.news
