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.”
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Image: Epic Games, The Walt Disney Company
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