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Disney to Acquire $1.5 Billion Stake in Epic Games, Aims to Create Joint Metaverse

Disney, one of the biggest entertainment companies, has decided to acquire a $1.5 billion stake in Epic Games, makers of the known persistent metaverse platform Fortnite. The companies will collaborate to develop a metav...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Disney to Acquire $1.5 Billion Stake in Epic Games, Aims to Create Joint Metaverse
Disney, one of the biggest entertainment companies, has decided to acquire a $1.5 billion stake in Epic Games, makers of the known persistent metaverse platform Fortnite. The companies will collaborate to develop a metaverse featuring Disney-owned intellectual properties (IPs) which will benefit from interaction and coexistence with Fortnite. The Disney Metaverse Is Coming Disney is […]

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