Deal comes as the company reported an increase of 49% in profits and picked up Taylor Swift’s Eras Tour movie for streaming
Disney has announced a $1.5bn move into video games, striking a partnership with Epic Games, the publisher of Fortnite, and agreeing to take a minority stake in the business.
The Hollywood giant said it would build a “games and entertainment universe” with Epic for fans of its key franchises, including Pixar, Marvel and Star Wars.
More Stories
Will Trump’s tariff chaos be China’s gain in global trade wars?
Revealed: Big tech’s new datacentres will take water from the world’s driest areas
Sony hikes PlayStation 5 price by 25% as Trump tariffs bite