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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 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?