DEAL Galaxy S24 FE, Galaxy Watch 7. Subscribe today and be the first to learn about One 7 beta!

SamMobile has affiliate and sponsored partnerships. If you buy something through one of these links, we may earn a commission.

News For You
News For You
Notifications

Disney to invest $1.5 billion in Epic Games for new games and entertainment universe

Tech
By 

Last updated: February 12th, 2024 at 17:46 UTC+01:00

The Walt Disney Company has announced that it is investing $1.5 billion in Epic Games and that the two companies will collaborate on a multiyear project to create a new “games and entertainment universe” to expand the reach of Disney’s “stories and experiences.

According to Disney, the “new persistent universe” will offer a “world-class games experience,” interoperability with Fortnite, and a “multitude of opportunities for consumers to play, watch, shop and engage with content, characters and stories from Disney, Pixar, Marvel, Star Wars, Avatar and more.” Furthermore, it says “Players, gamers and fans will be able to create their own stories and experiences, express their fandom in a distinctly Disney way, and share content with each other in ways that they love,” and that all of this will be powered by Unreal Engine.

Going by these statements, it looks like as a part of this project, Epic Games will deeply integrate its titles with characters/stories from Disney. It’s also possible that Epic Games might develop games for Disney. Unfortunately, there’s no information about the exact plans at the moment. Currently, we also don't know how much the valuation of Epic Games would be after Disney’s investment. So, it is hard to say what would be Disney's stake in Epic Games. It is worth mentioning that Tencent has a 40% share and Sony has a 5% share in Epic Games.

Tech DisneyEpic Games Buy Samsung Galaxy S24 Ultra
Scroll for more related content
News For You

You might also like

Epic Games Store to offer more free games on phones and tablets

Epic Games Store to offer more free games on phones and tablets

In August this year, Epic Games launched the Epic Games Store for Android and iOS, which offers the developer's own and third-party games and apps for free. Unfortunately, it has a very limited collection at the moment with only three games and an app on offer: Fortnite, Fall Guys, Rocket League Sideswipe, and Postparty. Well, […]

  • By Abid Iqbal Shaik
  • 4 weeks ago
Epic Games is ready to take Samsung to court over Auto Blocker

Epic Games is ready to take Samsung to court over Auto Blocker

Epic Games, the creator of Fortnite, is at it again. The company is accusing Google and Samsung of conspiring to give an unfair advantage to the Play platform while stifling the competition. Earlier this year, Epic Games removed Fortnite from Samsung's Galaxy Store as a protest against the Auto Blocker security feature in One UI. […]

  • By Mihai Matei
  • 1 month ago
Epic Games Store is now live on Android phones

Epic Games Store is now live on Android phones

Finally, the Epic Games Store is live for Android (and iOS) smartphones. This dedicated games store from Epic Games will let you install Fall Guys, Fortnite, and Rocket League Sideswipe on your Galaxy smartphone and tablet. A few weeks ago, Epic Games removed Fortnite from the Galaxy Store to protest Samsung's app sideloading restrictions. Epic […]

  • By Abid Iqbal Shaik
  • 3 months ago
Disney Plus could soon offer always-on channels like Samsung TV Plus

Disney Plus could soon offer always-on channels like Samsung TV Plus

Samsung offers access to Samsung TV Plus for free on the company’s Smart TVs and Galaxy smartphones and tablets. This service provides you with a plethora of always-on channels, including traditional TV channels, which continuously keep showing content, allowing you to quickly start watching something. Well, The Walt Disney Company is now working on offering […]

  • By Abid Iqbal Shaik
  • 7 months ago
Here’s when the Epic Games Store will come to Android

Here’s when the Epic Games Store will come to Android

Epic Games has announced that it plans to bring the Epic Games Store (EPC) to Android and iOS later this year. As the name suggests, EGS will be an application marketplace offering games. While the developer didn’t say anything about it offering Fortnite, we expect the title to take center stage of EGS. In a […]

  • By Abid Iqbal Shaik
  • 7 months ago
Epic Games scraps the plan to give away three Fallout games for free

Epic Games scraps the plan to give away three Fallout games for free

On 15 February 2024, Epic Games revealed that it would give away three games from the Fallout series — Fallout, Fallout 2, and Fallout Tactics: Brotherhood of Steel — for PC on the Epic Games Store for free from 22 February 2024 to 29 February 2024. However, the company has made a sudden change in […]

  • By Abid Iqbal Shaik
  • 9 months ago