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Disney Announces Plans to Acquire $1.5 Billion Stake in Epic Games with Goal of Developing Joint Metaverse

Bitcoin News LogoBitcoin News1w ago

 Disney Announces Plans to Acquire $1.5 Billion Stake in Epic Games with Goal of Developing Joint Metaverse - Bitcoin News

Quick Summary:

Disney, one of the biggest entertainment companies, has decided to acquire a $1.5 billion stake in Epic Games, makers of the known persistent metaverse platform Fortnite.

The companies will collaborate to develop a metaverse featuring Disney-owned intellectual properties (IPs) which will benefit from interaction and coexistence with Fortnite.

Disney to Acquire $1.


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Article Details

Author / Journalist: Sergio Goschenko

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-02-12 @ 05:30:54 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: news.bitcoin.com

Language: English

Article Length: 4 words

Reading Time: 1 minutes read

Sentences: 1 lines

Sentence Length: 4 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoin News

News ID: 20040955

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About Bitcoin News

Bitcoin News Logo

Main Topics: Crypto

Official Website: news.bitcoin.com

Update Frequency: 10 posts per day

Year Established: 2008

Headquarters: Japan

News Last Updated: 8 hours ago

Coverage Areas: Japan

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #62

Publisher Details

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The story " Disney Announces Plans to Acquire $1.5 Billion Stake in Epic Games with Goal of Developing Joint Metaverse" has 4 words across 1 sentences, which will take approximately 1 minutes for the average person to read.

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The story " Disney Announces Plans to Acquire $1.5 Billion Stake in Epic Games with Goal of Developing Joint Metaverse" was covered 1 weeks ago by Bitcoin News, a news publisher based in Japan.

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Bitcoin News is a fully independent (privately-owned) news outlet established in 2008 that covers mostly crypto news.

The outlet is headquartered in Japan and publishes an average of 10 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #20040955
  • URL: https://beamstart.com/news/disney-to-acquire-15-billion-17077164486112

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