Epic Games, maker of Fortnite, receives $1.5B investment from Disney

a group of Fortnite characters standing around a treasure chest, with gold coins and other treasure in front of it and an erupting volcano in the background

Image: Epic Games

Nicole Carpenter
is a senior reporter specializing in investigative features about labor issues in the game industry, as well as the business and culture of games.

The Walt Disney Company is investing $1.5 billion in Fortnite and Unreal Engine maker Epic Games, it announced Wednesday.

“The Walt Disney Company and Epic Games will collaborate on an all-new games and entertainment universe that will further expand the reach of beloved Disney stories and experiences,” a Disney representative wrote in a news release. “Disney will also invest $1.5 billion to acquire an equity stake in Epic Games alongside the multiyear project. The transaction is subject to customary closing conditions, including regulatory approvals.”

Screenshot from Disney Collab, showing what appears to be theme parks in Fortnite

Image: Epic Games, The Walt Disney Company



Source: Polygon

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