Disney has announced its investment in Epic Games through the acquisition of stocks worth $1.5 billion. Both companies have also entered into a collaborative agreement for the development of various projects over several years. However, approval from regulatory agencies is required for this agreement to proceed.
It is unclear how much percentage of stocks Disney has purchased and the estimated value of Epic Games’ business. Nevertheless, Disney has stated that the world of Fortnite will now provide opportunities to play, watch, and purchase content and characters from Disney, Pixar, Marvel, Star Wars, Avatar, and many more. Additionally, they will continue to develop content on the Unreal Engine.
TLDR: Disney invests $1.5 billion in Epic Games, forming a long-term collaborative agreement. Disney characters and content will be featured in Fortnite, along with further development on the Unreal Engine. Regulatory approval is pending.
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