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Disney to take $1.5 billion stake in Epic Games, maker of Fortnite (www.cnbc.com)

submitted 9 months ago by How_Sway@lemmy.ml to c/gaming@lemmy.ml

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[–] MudMan@kbin.social 22 points 9 months ago (1 children)

Hah. The framing from normie news is so weird. It's "bizarrely Disney is investing on Fortnite", instead of "Disney buys a stake on the people making Unreal, which at this point is like half of their and everybody else's VFX pipeline".

I wonder if the gaming news guys will have a better picture or the "Disney Fornite whaaaa?!" angle is what people will take away from this across the board.

[–] XTornado@lemmy.ml 1 points 9 months ago* (last edited 9 months ago) (1 children)

I mean... last I remember Fortnite was more than 80% of the revenue of Epic Games... so I feel like saying that Disney investing on Fortnite ain't that incorrect.

[–] MudMan@kbin.social 1 points 9 months ago

For straight revenue, yeah, that'd be right. Technically everything else is a rounding error. But if Epic was one of those single game unicorns like Riot or Rovio this would not make much sense. The synergies of Unreal with both the movie and theme park buisness for Disney seem like a better fit. I mean, assuming the move makes actual sense, Disney is out there talking about game collaborations and it's not like it's the first time they've spent money randomly and poorly in the gaming business. I just think the investment would make sense even if Fortnite wasn't in the mix.

And either way it's being blown out of proportion by the news because they haven't even bought the company. 1.5B is what? 10% as much as Tencent owns?