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Disney to take $1.5B stake in Epic Games

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Re: Disney to take $1.5B stake in Epic Games

#41
post #23

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.

Pretty sure Epic took a big haircut in valuation too, just like its peers. Money is a lot more expensive now, so perhaps Disney got a nice deal.

Re: Disney to take $1.5B stake in Epic Games

#45

Hilarious. 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.

I don't think anyone answered sufficiently, the main thing was yeah Steve Jobs was on their board of directors and was the CEO of Pixar, but that runs deep even though Jobs died 12 years ago.

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

#46
post #9

Disney 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.

Yeah that was my first thought. I'm sure the gaming part means something to them, but they probably think of them more as a Real Time Special Effects company.

Re: Disney to take $1.5B stake in Epic Games

#48

No please no, god no. Disney rots everything it touches and epic games is more than rotten enough as it is.

Oversimplified negativity towards Disney and Epic Games doesn't capture their diverse contributions. A more nuanced view and consideration of both positives and negatives is advisable.

Re: Disney to take $1.5B stake in Epic Games

#49
post #42

Hilarious. 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.

We very nearly had the same company on both sides when the MPAA (of which Sony Pictures was a member) was fighting with Sony Electronics over video tapes.
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