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Disney to Invest $1.5 Billion in Epic Games, Collaborate on ‘Interoperable Ecosystem'
DisneyDisney(US:DIS) PYMNTS·2024-02-08 09:56

The Walt Disney Company will invest $1.5 billion to acquire an equity stake in Epic Games as the companies begin a multiyear collaboration on games and entertainment experiences.The transaction is subject to regulatory approvals and other customary closing conditions, the companies said in a Wednesday (Feb. 7) press release.With this new collaboration between the entertainment and media company and the video game and software developer, consumers will be able to “play, watch, shop and engage with content, c ...