The Walt Disney Company

Gaming

Disney and Epic Games to Create Expansive and Open Games and Entertainment Universe Connected to Fortnite

The Walt Disney Company and Epic Games will collaborate on an all-new games and entertainment universe that will further expand the reach of beloved Disney stories and experiences. Disney will also invest $1.5 billionto acquirean equity stake in Epic Games alongside the multiyear project. The transaction is subject to customary closing conditions, including regulatory approvals. “Management’s Discussion and Analysis of…