Disney Invests $1.5 Billion Into Epic Games to Create New Games and Universe
announced on Wednesday that it was investing $1.5 billion into Epic Games in order to support a multi-year project between the two companies that includes a new “games and entertainment universe.”
The move came during Disney’s financial reports on Wednesday, and sees the company putting a massive sum of money in order to acquire an equity stake in the video game developer and the publisher.
The move, according to Disney, will see both companies collaborate to bring Disney characters from franchises like Star Wars, Marvel, Pixar, and Avatar together, both in Epic Games’ Fortnite and in other properties.
Disney CEO Bob Iger said the move “will bring together Disney’s beloved brands and franchises with the hugely popular Fortnite in a transformational new games and entertainment universe” in a statement on the partnership.
The announcement also came with its own teaser video, which you can watch below:
Currently, it’s unclear exactly what type of collaborations Fortnite will see with Disney, but the two are no strangers to crossovers. Characters from the Marvel Universe, as well as other Disney properties, have existed in Fortnite in the past, with the incredibly popular game even hosting events based on Marvel and Star Wars in the past.
“This will enable us to bring together our incredible collection of stories and experiences from across the company for a broad audience in ways we have only dreamed of before,” said Josh D’Amaro, Chairman, Disney Experiences. “Epic Games’ industry-leading technology and Fortnite’s open ecosystem will help us reach consumers where they are so they can engage with Disney in the ways that are most relevant to them.”
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