Disney expects to invest $1.5 billion in Epic Games to create new games
The Walt Disney Corporation is going to buy shares of the Epic Games studio for $1.5 billion. According to joint press release , their goal is to develop a new gaming and entertainment world related to Fortnite.
In this new world, users will be able to play, watch, purchase and interact with content, characters and stories from Disney, Pixar, Marvel, Star Wars, Avatar and other franchises. This project will be based on the Unreal Engine game engine.
How the Fortnite integration will work remains to be seen, but Disney notes that “players, gamers and fans will be able to create their own stories and adventures, express their love for their favorite Disney creations in a unique way and to share it with like-minded people."
Currently, the release date of the joint project of Disney and Epic Games has not been determined.
Disney CEO Robert Iger noted that this collaboration is the company's largest contribution to the gaming industry and will provide significant opportunities for growth and expansion.
This is not the first time that Disney has collaborated with Fortnite. Previously, characters from Pixar, Marvel and Star Wars have appeared in Fortnite.
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Disney's investment in Fortnite
Creating a new gaming and entertainment universe
Disney plans to invest $1.5 billion in the Epic Games studio to develop new games. The Walt Disney Corporation will acquire shares of Epic Games in order to create a new game and entertainment world related to Fortnite. In this new universe, users will be able to play, watch, buy and interact with content, characters and stories from Disney, Pixar, Marvel, Star Wars, Avatar and others. The project will be developed on the Unreal Engine game engine.
Expansion for players
Disney and Epic Games plan to release a joint project in which players, gamers and fans will be able to create their own stories and adventures, express their love for their favorite Disney creations in a unique way and share it with each other. Details regarding the integration with Fortnite have not yet been revealed.
Investments in the gaming industry
The CEO of Disney, Robert Iger, noted that the collaboration with Epic Games is the company's largest investment in the gaming industry, providing significant opportunities for growth and expansion. This is not the first partnership between Disney and Fortnite, previously characters from Pixar, Marvel and Star Wars have appeared in the game.
Glossary
- Disney: Entertainment Business and Media Corporation.
- Epic Games: Video game publisher and developer known for Fortnite.
- Fortnite: A popular video game with many communities and fans.
- Pixar: A company specializing in the creation of computer-animated films.
- Marvel: The company that owns the rights to comics and creates movies and series about superheroes.
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What other Fortnite franchises has Disney worked with in the past?
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Walt Disney will spend $1.5 billion to buy Epic Games shares in order to develop new game projects related to Fortnite.
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