The substantial investment by Disney to Epic Games, the developer behind the widely popular game Fortnite, aims to create a newly envisioned joint metaverse. The collaboration will feature Disney’s rich collection of intellectual properties, including those from Pixar, Marvel, Star Wars, and Avatar.<\/p>\n\n\n\n This venture is set to leverage Fortnite’s vast user base, potentially reaching around 400 million registered users, to create a multifaceted universe where users can engage with Disney’s beloved characters and stories in innovative, interactive ways. The envisioned platform promises a blend of entertainment, where users can play games, watch content, shop, and interact with a broad spectrum of Disney’s narratives and characters.<\/p>\n\n\n\n This initiative marks a bold leap for Disney<\/a> into the gaming and digital experience sector, underlining its commitment to expanding its reach and engagement with fans in the digital age. Although Disney did not use the term Metaverse in their announcement about the project on February 7, 2024<\/a>, they described this new product as a “new persistent universe.”<\/p>\n\n\n\n By choosing not to use the term “metaverse” in its announcement explicitly, Disney may be aiming to distance this new endeavor from earlier, less successful attempts while still forging ahead with a vision that combines its storytelling prowess with Epic’s technological expertise to create a dynamic, immersive digital universe. The multi-year project would benefit Disney from interactions and coexistence with Fortnite, giving the platform a potential audience of around 400 million<\/a> registered users.<\/p>\n\n\n\n Bob Iger<\/a>, Disney’s CEO, has expressed enthusiasm about this venture, highlighting it as Disney’s most substantial push into gaming and digital experiences. He envisions this platform as a groundbreaking way for fans to immerse themselves in Disney’s worlds and stories like never before. According to Tim Sweeney<\/a>, CEO and Founder of Epic Games, Disney was one of the first companies to believe in the potential of bringing their worlds with Fortnite, and they use Unreal Engine across their portfolio. The collaboration on something entirely new will bring together the Disney and Fortnite communities.<\/p>\n\n\n\n This move and partnership with Fortnite comes after Disney’s previous metaverse strategy, led by former CEO Bob Chapek, faced challenges and was eventually dissolved in April 2023 following a significant layoff that affected 7,000 employees, including the entire metaverse division. Former Disney CEO Bob Chapek enlisted in-house Mike White as SVP of next-generation storytelling and consumer experience for Disney’s metaverse strategy, but their project failed.<\/p>\n\n\n\n Despite past setbacks, this partnership with Epic Games signals Disney’s renewed commitment to exploring the Metaverse, this time with the backing of Epic Games, a seasoned player in the gaming industry. This collaboration could redefine how audiences interact with entertainment, merging traditional storytelling with the limitless possibilities of digital innovations.<\/p>\n\n\n\n Before the announced collaboration, Disney and Epic Games had a series of partnership and in-game events, such as the Marvel Nexus War featuring Galactus, which simultaneously captivated over 15.3 million players. Disney and Epic Games have significantly engaged the Fortnite community. The partnership extends beyond gaming, utilizing Epic’s Unreal Engine to create diverse content across Disney’s vast properties.<\/p>\n\n\n\n The partnership includes the development of popular video games like “Kingdom Hearts 3” and “Star Wars Jedi: Survivor,” as well as contributing to cinematic editing, animation for films and streaming services, and enhancing over 15 attractions across Disney Parks, including the “Millennium Falcon: Smugglers Run” at Star Wars: Galaxy’s Edge.<\/p>\n\n\n\n These efforts trace back to Epic Games’ involvement in the Disney Accelerator Program 2017, a strategic initiative to drive innovation between technology and entertainment. This relationship has not only enriched the gaming experiences within Fortnite. Still, it has also broadened the application of Unreal Engine technology across various Disney entertainment mediums, significantly impacting both industries.<\/p>\n\n\n\n Disclaimer: PhilNews.xyz articles and their external content are not financial advice but are only used for educational purposes. Always Do Your Own Research (DYOR) first. Reporting is not endorsing. We are here to deliver unbiased news with less intrusive ads.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" Disney and Epic’s Vision for a Unified Entertainment Universe Disney, one of the world’s most dominant American multinational mass media and entertainment conglomerates, made some headlines after its ambitious move into the digital industry. They take a significant step forward with its strategic partnership with Epic Games, acquiring a $1.5 billion stake in the company. In their latest collaboration project, Disney and Epic Games envision creating a unified entertainment universe. The substantial investment by Disney to Epic Games, the developer behind the widely popular game Fortnite, aims to create a newly envisioned joint metaverse. The collaboration will feature Disney’s rich<\/p>\n","protected":false},"author":1,"featured_media":37641,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[17943,17190,18691,18689,18694,18692,18693,18695,18690],"_links":{"self":[{"href":"https:\/\/philnews.xyz\/wp-json\/wp\/v2\/posts\/37640"}],"collection":[{"href":"https:\/\/philnews.xyz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/philnews.xyz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/philnews.xyz\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/philnews.xyz\/wp-json\/wp\/v2\/comments?post=37640"}],"version-history":[{"count":5,"href":"https:\/\/philnews.xyz\/wp-json\/wp\/v2\/posts\/37640\/revisions"}],"predecessor-version":[{"id":37646,"href":"https:\/\/philnews.xyz\/wp-json\/wp\/v2\/posts\/37640\/revisions\/37646"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/philnews.xyz\/wp-json\/wp\/v2\/media\/37641"}],"wp:attachment":[{"href":"https:\/\/philnews.xyz\/wp-json\/wp\/v2\/media?parent=37640"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/philnews.xyz\/wp-json\/wp\/v2\/categories?post=37640"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/philnews.xyz\/wp-json\/wp\/v2\/tags?post=37640"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"\"](\"https:\/\/philnews.xyz\/wp-content\/uploads\/2024\/02\/Disney-Epic-1024x585.webp\")
Disney and Epic Games Previous Partnership<\/h3>\n\n\n\n