Disney is investing $1.5 billion in Epic Games to create a 'games and entertainment universe'

Disney will invest $1.5 billion in Epic Games, the creator of Fortnite, the company announced on Wednesday. As part of the initiative, Disney and Epic Games will create a brand new "games and entertainment universe" over the next few years, Disney said in a statement. "Our exciting new relationship with Epic Games will bring together Disneys beloved brands and franchises with the hugely popular Fortnite in a transformational new games an entertainment universe," wrote Disney CEO Bob Iger in the ...