Disney and Epic Games announced a new partnership and collaboration on an all-new games and entertainment universe. Disney will invest $1.5 billion to acquire an equity stake in Epic Games alongside the multiyear project.

The new universe interoperating with Fortnite will offer a multitude of opportunities for consumers to play, watch, shop, and engage with content, characters, and stories from Disney, Pixar, Marvel, Star Wars, Avatar and more. Players, gamers and fans will be able to create their own stories and experiences, express their fandom in a distinctly Disney way, and share content with each other in ways that they love. This will all be powered by Unreal Engine.

Here’s what Bob Iger, CEO of The Walt Disney Company had to say.

“Our exciting new relationship with Epic Games will bring together Disney’s beloved brands and franchises with the hugely popular Fortnite in a transformational new games and entertainment universe. This marks Disney’s biggest entry ever into the world of games and offers significant opportunities for growth and expansion. We can’t wait for fans to experience the Disney stories and worlds they love in groundbreaking new ways.”

This is a developing story, we’ll keep you updated as we get more news.

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