Disney invests $1.5 billion in Epic to create “persistent universe” tied to Fortnite

Disney and Fortnite maker Epic Games are teaming up to build what’s being described as an “expansive and open games and entertainment universe.” As part of the announcement, Disney revealed that it is investing $1.5 billion in an equity stake in Epic.

Details on what this metaverse-like project will look like are sparse, but here’s how Disney explains it:

In addition to being a world-class games experience and interoperating with Fortnite, the new persistent universe will offer a multitude of opportunities for consumers to play, watch, shop and engage with content, characters, and stories from Disney, Pixar, Marvel, Star WarsAvatar, and more. Players, gamers, and fans will be able to create their own stories and experiences, express their fandom in a distinctly Disney way, and share content with each other in ways that they love. This will all be powered by Unreal Engine.

Read more at: https://www.theverge.com