Epic Games has raised a $1.5B investment from The Walt Disney Company
This article is based on our Weekly News Digest #6 from 12.02.2024. If you want to receive such analyses first, subscribe to our weekly newsletter. There, we analyze the most significant deals, elaborating on the financials and strategy behind them, while also covering the smaller transactions of the week.
US-based gaming company Epic Games has raised a $1.5B investment from The Walt Disney Company (NYSE: DIS). The investment marks Disney’s significant entry into gaming, aiming for growth and expansion. The collaboration aims to create a new games and entertainment universe connecting Disney stories with Fortnite. In Mar’23, Epic Games announced Creators Economy 2.0, which significantly improved the payment system for developers and the process of creating custom experiences within Fortnite. In Dec’23, Epic Games launched Fortnite LEGO — the most extensive collaboration within Fortnite featuring the large gaming mode and a lot of cosmetics updates. Before launching Fortnite LEGO, Epic Games received a massive investment from KIRKBI, the owner of LEGO, so we expect similar collaborations with Disney.
