Will be interesting to see what % stake Disney got. Tencent currently owns 40% of Epic and Sony has another 5%. Given their last valuation of $32B it doesn't seem like Disney will end up with more than 3-4%. Still a good chunk, but not quite enough to call the shots.
Disney to take $1.5B stake in Epic Games
41–50 of 381 posts
Re: Disney to take $1.5B stake in Epic Games
#42Hilarious. A long time ally of Apple will invest in a company hell bent (and somewhat righteously so) knee capping Apple.
Re: Disney to take $1.5B stake in Epic Games
#43Re: Disney to take $1.5B stake in Epic Games
#44Re: Disney to take $1.5B stake in Epic Games
#45Hilarious. A long time ally of Apple will invest in a company hell bent (and somewhat righteously so) knee capping Apple.
Ally of Apple in what way? Do they give each other favorable deals or work closely together on any important projects? I haven’t heard of anything major along those lines. I think an appearance of friendliness mainly came from Steve Jobs, and he’s been gone for a long time now.
https://www.vanityfair.com/news/2019/09/bob-iger-remembers-s...
There was some analysis/chatter also that basically Disney's entire strategy the last 5-8 years also was to pump up its valuation as large as possible and then get acquired by Apple.
Re: Disney to take $1.5B stake in Epic Games
#46Disney use Unreal Engine for their dynamic greenscreen LED wall which they film The Mandalorian and others against. That's got to be at least as important as Fortnite characters.
Re: Disney to take $1.5B stake in Epic Games
#47Re: Disney to take $1.5B stake in Epic Games
#48No please no, god no. Disney rots everything it touches and epic games is more than rotten enough as it is.
Re: Disney to take $1.5B stake in Epic Games
#49Hilarious. A long time ally of Apple will invest in a company hell bent (and somewhat righteously so) knee capping Apple.
Given how often there are lawsuits where a large company is on both sides of the aisle, I don't think this that crazy.
Re: Disney to take $1.5B stake in Epic Games
#50I'd hazard a guess at flat. Unity (a peer) got crushed by the market but they also don't have Fortnite which is a money printer and has only gotten bigger.