Today: May 15, 2024
Today: May 15, 2024

Disney to invest $1.5 billion in 'Fortnite' maker Epic Games to create games, entertainment

Share This
LA Post: Disney to invest $1.5 billion in 'Fortnite' maker Epic Games to create games, entertainment
February 08, 2024
AP

BURBANK, 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.

Popular

The Latest | Palestinians mark 76 years of their dispossession as more catastrophe looms in Gaza

Palestinians are marking 76 years of dispossession, commemorating their mass expulsion from what is today Israel as a potentially even larger catastrophe unfolds in Gaza

The Latest | Palestinians mark 76 years of their dispossession as more catastrophe looms in Gaza

Georgia's pro-EU Generation Z spearheads 'foreign agent' protests

For 20-year-old Georgian student Irakli, the almost nightly trip to protest outside parliament is part of a wider struggle where he and his generation have a special

Georgia's pro-EU Generation Z spearheads 'foreign agent' protests

Miniature poodle Sage fetches top prize at Westminster Kennel Club Dog Show

By Eduardo Munoz NEW YORK (Reuters) -A sprightly miniature poodle named Sage was crowned "Best in Show" on Tuesday at the 148th annual Westminster Kennel Club Dog Show, winning the grand prize in the

Miniature poodle Sage fetches top prize at Westminster Kennel Club Dog Show

Caitlin Clark finishes with 20 points as Indiana falls to Connecticut in WNBA opener

Caitlin Clark struggled early in her WNBA debut before finishing with 20 points as the Indiana Fever fell to the Connecticut Sun 92-71 on Tuesday night

Caitlin Clark finishes with 20 points as Indiana falls to Connecticut in WNBA opener

Related

US labor official calls on companies to exit China's Xinjiang

US labor official calls on companies to exit China's Xinjiang

Retail sales were unchanged in April from March as inflation and interest rates curb spending

Retail sales were unchanged in April from March as inflation and interest rates curb spending

Stock market today: Wall Street climbs after report shows consumer inflation cooled in April

Stock market today: Wall Street climbs after report shows consumer inflation cooled in April

Report: Welding at water slide caused huge fire in Sweden that killed one person

Report: Welding at water slide caused huge fire in Sweden that killed one person
- Advertisement -
Advertisement: Limited Time Offer