Announced
Financials
Sources
Tags
video games
United States
Gaming
gaming
Acquisition
Domestic
Private
Pending
Minority
Friendly
Single Bidder
Synopsis
The Walt Disney Company, an American multinational mass media and entertainment conglomerate, agreed to invest $1.5bn in Epic Games, an American video game and software developer and publisher. “Our exciting new relationship with Epic Games will bring together Disney’s beloved brands and franchises with the hugely popular Fortnite in a transformational new games and entertainment universe. This marks Disney’s biggest entry ever into the world of games and offers significant opportunities for growth and expansion. We can’t wait for fans to experience the Disney stories and worlds they love in groundbreaking new ways,” Robert A. Iger, The Walt Disney Company CEO.
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