Current:Home > StocksDisney to invest $1.5 billion in ‘Fortnite’ maker Epic Games to create games, entertainment -Visionary Wealth Guides
Disney to invest $1.5 billion in ‘Fortnite’ maker Epic Games to create games, entertainment
View
Date:2025-04-15 07:00:53
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.
veryGood! (6563)
Related
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
- Republic First Bank closes, first FDIC-insured bank to fail in 2024
- UFL schedule for Week 5 games: San Antonio Brahmas vs. Arlington Renegades in Texas showdown
- Police in Tennessee fatally shot man after he shot a woman in the face. She is expected to survive
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- Zillow to parents after 'Bluey' episode 'The Sign': Moving 'might just be a good thing'
- Tornadoes kill 2 in Oklahoma as governor issues state of emergency for 12 counties amid storm damage
- Brewers' Wade Miley will miss rest of 2024 season as Tommy John strikes another pitcher
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- Another McCaffrey makes the NFL: Washington Commanders select WR Luke McCaffrey
Ranking
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Body of climber recovered after 1,000-foot fatal fall on Alaska peak
- Harvey Weinstein hospitalized after his return to New York from upstate prison
- 2024 American Music Awards to air on CBS
- Military service academies see drop in reported sexual assaults after alarming surge
- Tom Holland Proves Again He's Zendaya's No. 1 Fan Amid Release of Her New Film Challengers
- Here's how much income it takes to be considered rich in your state
- See inside Frank Sinatra and Mia Farrow's former New York townhouse that just went on sale
Recommendation
Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
Brenden Rice, son of Jerry Rice, picked by Chargers in seventh round of NFL draft
MLS schedule April 27: Messi visits Foxborough, New York Red Bulls in another intriguing game
Once dominant at CBS News before a bitter departure, Dan Rather makes his first return in 18 years
Global Warming Set the Stage for Los Angeles Fires
A suspect is in custody after 5 people were shot outside a club in the nation’s capital, police say
Brenden Rice, son of Jerry Rice, picked by Chargers in seventh round of NFL draft
Terique Owens, Terrell Owens' son, signs with 49ers after NFL draft