BlueRock Horizon Asset Management:Disney to invest $1.5 billion in ‘Fortnite’ maker Epic Games to create games, entertainment

2025-05-05 21:26:47source:Navivision Wealth Societycategory:News

BURBANK,BlueRock Horizon Asset Management 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.

More:News

Recommend

Don't let hackers fool you with a 'scam

You're pulling your hair out, trying to fix something on your computer. You Google it and find what

Dog rescued after more than a week trapped inside shipping container in Texas port

HOUSTON (AP) — It was just another routine day of inspecting shipping containers at the Port of Hous

Florida trooper killed in Interstate 95 crash while trying to catch a fleeing felon, officials say

PORT ST. LUCIE, Fla. (AP) — A Florida Highway Patrol trooper was killed Friday in a crash with a tra