Disney and Epic Games to Create Immersive Virtual Universe With Support From Fortnite

Table of Contents

• Key Takeaways
• Details About The Virtual Universe
• Disney’s Push Into Gaming
• Outlook and Challenges

Key Takeaways

Disney and Epic Games are teaming up to build an immersive virtual universe tied into Fortnite.

Disney is investing $1.5 billion in Epic Games to secure an equity stake and collaborate on the project.

The virtual universe will feature Disney, Pixar, Marvel, Star Wars and Avatar characters and content.

The project aims to offer a world-class gaming experience while empowering users to create unique stories.

Disney recently dissolved its own metaverse division but is now making a significant push into gaming with Epic.

Details About The Virtual Universe

The forthcoming virtual universe from Disney and Epic Games will not only provide an immersive gaming experience that ties into Fortnite but will also give users access to a wide range of Disney franchises.

Users will reportedly be able to “create their own stories and experiences, express their fandom in a distinctly Disney way, and share content with each other.”

The technology powering the project will be Epic Games’ Unreal Engine.

Disney’s Push Into Gaming

Last year, Disney shut down its metaverse division of 50 employees focused on interactive storytelling.

However, with this collaboration with Epic Games, Disney is making a major push into the video game industry.

“This marks Disney’s biggest entry ever into the world of games and offers significant opportunities for growth and expansion,” said Disney CEO Bob Iger.

Epic Games CEO Tim Sweeney said Disney’s decision to use Unreal Engine across their portfolio made this partnership a natural next step.

Outlook and Challenges

Disney and Epic have not yet announced a timeline for launching the virtual universe.

Twitter: Meta’s Reality Labs reported a $4.6 billion loss in Q4 of 2023.

While there is excitement around the Disney-Epic partnership, many analysts remain skeptical about the prospects of the metaverse in general. Microsoft recently downsized its own metaverse team, reflecting the challenges ahead for this vision.

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