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Why did Disney invest $1.5B in Epic Games?

Disney invests $1.5B in Epic Games to build the Disney gaming and entertainment universe. Epic, the company behind the Unreal Engine and Fortnite, will build the open game and entertainment universe for Disney, as they are doing for Lego. CEO Bob Iger announced the deal in an interview with CNBC on Wednesday.

Does Disney own Epic Games?

Disney has purchased a $1.5 billion stake in Epic Games and has teamed up with the company to develop a new expansive, open, persistent, and social universe that will "interoperate" with Fortnite and let fans "play, watch, shop, and engage" with their favorite characters and stories from Disney, Pixar, Marvel, Star Wars, Avatar, and more.

What is Disney doing with Epic Games?

The Walt Disney Company and Epic Games will collaborate on an all-new games and entertainment universe that will further expand the reach of beloved Disney stories and experiences. Disney will also invest $1.5 billion to acquire an equity stake in Epic Games alongside the multiyear project.

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