BlockNews
  • Crypto
  • Finance
  • Politics
  • Memecoins
  • NFT
  • Technology
  • Opinion
No Result
View All Result
FOLLOW
BlockNews
  • Crypto
  • Finance
  • Politics
  • Memecoins
  • NFT
  • Technology
  • Opinion
No Result
View All Result
BlockNews

Disney and Epic Games Forge $1.5 Billion Metaverse Alliance

by Sham
February 7, 2024
in Business, Gaming, Metaverse
A A
Disney and Epic Games Forge $1.5 Billion Metaverse Alliance
4
SHARES
Share on TwitterShare on Reddit
  • Disney is investing $1.5 billion in Epic Games for an equity stake to build a metaverse tied to Fortnite.
  • The metaverse will connect the Disney and Fortnite communities, allowing fans to engage with characters and create experiences.
  • This partnership builds on previous collaborations between Disney and Fortnite, marking Disney’s biggest step into gaming.

Disney has announced a multiyear collaboration with Epic Games, the developer behind the popular game Fortnite. As part of the deal, Disney is investing $1.5 billion for an equity stake in Epic. The goal is to build an expansive virtual world that connects the Disney and Fortnite communities.

BREAKING: Disney invests $1.5 billion into Epic Games to create a new “universe” pic.twitter.com/6oJMozYbI9

— BlockNews.com (@blocknewsdotcom) February 7, 2024

Details on the Partnership

The new persistent universe will offer opportunities for fans to engage with their favorite Disney, Pixar, Marvel, Star Wars, and other characters and stories. Players will be able to create their own experiences, express themselves, and share content.

The metaverse will be powered by Epic’s Unreal Engine and interoperate with Fortnite. It sounds similar to Epic’s recent collaboration with Lego, which resulted in the launch of the survival game Lego Fortnite.

Previous Collaborations Between Disney and Epic

This is far from the first time Disney and Fortnite have worked together. A number of Disney characters have appeared in the game, including a Marvel-themed season in 2020.

Reactions to the Announcement

Disney CEO Bob Iger said the partnership offers significant opportunities for growth and expansion in gaming. Epic CEO Tim Sweeney said they are “collaborating on something entirely new.”

The announcement came with news of a Mandalorian update coming to Rocket League, another game owned by Epic.

While details remain sparse, the partnership marks Disney’s biggest step into gaming. It will be interesting to see how the collaboration shapes up and what kind of experiences emerge from this metaverse down the line.

Tags: Bob IgerDisneyEpic GamesFortnitemetaverse
Tweet1ShareShare2

DON'T MISS THESE! HOT OFF THE PRESS

Google Stock Tumbles Over 9% Amid Apple’s AI Search Plans: Is This a Buying Opportunity?
Business

Google Stock Tumbles Over 9% Amid Apple’s AI Search Plans: Is This a Buying Opportunity?

May 7, 2025
Meta’s Reality Labs Reports Massive $4.2 Billion Q1 Loss: Should Zuckerberg Give Up Hope?
Business

Meta’s Reality Labs Reports Massive $4.2 Billion Q1 Loss: Should Zuckerberg Give Up Hope?

April 30, 2025
Circle Rejects $5 Billion Acquisition Bid From Ripple XRP: Here is Why
Breaking News

Circle Rejects $5 Billion Acquisition Bid From Ripple XRP: Here is Why

April 30, 2025
$400M Raise, New MoonPay CEO: Why Isn’t Toncoin Skyrocketing?
Business

$400M Raise, New MoonPay CEO: Why Isn’t Toncoin Skyrocketing?

April 25, 2025
Sui’s Explosive Surge: Is Pokémon the Secret Sauce Behind the Hype?
Crypto

Sui’s Explosive Surge: Is Pokémon the Secret Sauce Behind the Hype?

April 25, 2025
Meta Faces $7 Billion Threat Amid China’s Regulatory Crackdown: This Will Have Major Affect on Investors
Business

Meta Faces $7 Billion Threat Amid China’s Regulatory Crackdown: This Will Have Major Affect on Investors

April 23, 2025
Load More

Related News

Hedera on the Move: Why Analysts Are Eyeing a Major $HBAR Comeback?

Hedera on the Move: Why Analysts Are Eyeing a Major $HBAR Comeback?

May 9, 2025
$TAO Is Back With a Vengeance: Bittensor is About to Explode and Here is Why

$TAO Is Back With a Vengeance: Bittensor is About to Explode and Here is Why

May 9, 2025

Everything You Need to Know About $DOOD: A New Era for Doodles and Its Ecosystem

May 9, 2025
Ethereum ETH Hits Biggest Single Day Gain Since May 2024: Here is Why $3K is Next

Ethereum ETH Hits Biggest Single Day Gain Since May 2024: Here is Why $3K is Next

May 8, 2025
Analysts Predict MOG Coin Could 4x as mog/acc Trend Gains Momentum With Elon Musk Endorsement

Analysts Predict MOG Coin Could 4x as mog/acc Trend Gains Momentum With Elon Musk Endorsement

May 8, 2025
Discord Twitter Youtube TikTok Instagram

BLOCKNEWS.COM

BlockNews

BlockNews.com is your premier source for real-time cryptocurrency, blockchain, and financial market news.

Our mission is to deliver accurate, timely, and insightful information to help both seasoned investors and newcomers navigate the evolving digital economy.

With in-depth analysis, exclusive insights, and up-to-date news, BlockNews.com keeps you informed on the latest trends in crypto, DeFi, NFTs, tech, and beyond.

Stay ahead of the herd with BlockNews.com

RESOURCES

  • About
  • Newsletter
  • Advertise
  • Terms and Conditions
  • Privacy Policy

POPULAR TOPICS

$ADA $XRP AI Avalanche Binance Bitcoin Bitcoin ETF blackrock Blockchain BTC Business Cardano China Coinbase crypto cryptocurrency Crypto Exchange Crypto Regulation DeFi Dogecoin Donald Trump Elon Musk ETF eth ethereum Federal Reserve FTX Gary Gensler grayscale Memecoin metaverse Microstrategy NFT NFTs PEPE ripple sec Shiba Inu Solana Stablecoin Technology twitter US Web3 xrp

GET QUICKER UPDATES ON X

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.

No Result
View All Result
  • Home
  • Crypto
  • Memecoins
  • Technology
  • Politics
  • Finance
  • NFT
  • DeFi
  • Opinion

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.