epic Disney's investment in Epic Games signals the company has to 'be there'

[schuck6566]

 

reuters.com

WWW.REUTERS.COM

Disney drops $1.5 Billion on Epic Games to get their properties into peoples game time.

[UltraMega]

Quote

Feb 8 (Reuters) - In 2017, Epic Games was among a handful of companies selected to participate in Walt Disney's (DIS.N), opens new tab Accelerator incubator program, where the game company's founder held ambitions of incorporating the entertainment giant's well-known characters into his digital playground.

Now, Disney is making a much bigger bet that will make this possible.
 

Disney CEO Bob Iger on Wednesday announced a $1.5 billion investment aimed at letting consumers interact with stories and characters from Disney, Marvel, Pixar and Star Wars, on Epic's Fortnite, where 100 million players gather each month. It was an acknowledgement of the amount of leisure time Generation Alpha, Generation Z and millennials devote to gaming.

 

$1.5B seems like an insane amount to pay to get epic to make Disney themed Fortnite skins. 

[schuck6566]

16 hours ago, UltraMega said:

 

$1.5B seems like an insane amount to pay to get epic to make Disney themed Fortnite skins. 

Makes me wonder if they have an idea what the unreal engine license is gonna start costing the entertainment industry?

Epic is changing Unreal Engine’s pricing for non-game developers - The Verge

WWW.THEVERGE.COM

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The change affects some non-game developers.

 

Disney uses the unreal engine for some of their projects.

[GanjaSMK]

Surely there is far more behind this. Considering all of the technologies forthcoming and those being combined (TinyML + VLM + curated precise LLM's) and the picture of the future looks rosy to me.  

 

This infusion isn't a surface topical play much like most journalism is profound in these days. 

 

And while I know no one personally on the inside of this deal, certainly someone sees the potential. 

 

Outside of current entertainment - movies, music, games; will a new genre of entertainment be upon us in a few years?  (a la ... ready player one lol?) 

 

[Slaughtahouse]

4 hours ago, GanjaSMK said:

Surely there is far more behind this. Considering all of the technologies forthcoming and those being combined (TinyML + VLM + curated precise LLM's) and the picture of the future looks rosy to me.  

 

This infusion isn't a surface topical play much like most journalism is profound in these days. 

 

And while I know no one personally on the inside of this deal, certainly someone sees the potential. 

 

Outside of current entertainment - movies, music, games; will a new genre of entertainment be upon us in a few years?  (a la ... ready player one lol?) 

 

 

I think expect more Disney Meta verse stuff within Fortnite (E.g. Frozen x Fortnite, baby yoda skins etc.) and Disney diversifying their IPs across other developers. EA had a large stranglehold over Star Wars for the longest time. We got Star Wars Outlaws, Indiana Jones and the Great Circle coming out this year for starters (Ubisoft, Bethesda both working along side Lucas film /arts). Makes sense to keep pushing along with other large publishers and developers like Epic. 

 

We've come full circle... 

 

Edited February 9 by Slaughtahouse