Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Disney to take $1.5B stake in Epic Games

cnbc.com

Post reply on HN
Print view View original

61–70 of 381 posts

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

#61

Post by O1111OOO »

I've come across a few articles in the last year and they all seem to agree that Sports and Gaming is where the money is because the fan base is so... passionate.

It makes sense that on the heels of Disney's collaboration with FOX and Warner Bros. Discovery (via ESPN), they would also get into the other market with fans as committed as sports fans.

Considering that the future of TV is streaming and being successful in this market has proven to be no slam dunk (no matter how big you are), Sports/Gaming is the hedge (for those who can swings these deals).

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

#62

Post by resolutebat »

gamepsys wrote: post #51

Disney gets more IP in front of more 13-25 year olds. This is a very impressionable age group, and can create life long fans. This is a good value proposition for Disney. Epic probably gets an increase in valuation -- lifeblood for tech companies. Collaboration skins are massive for revenue. However, I'm concerned this relationship will force uncool collaborations with Fortnite and reduce it's appeal. Disney has had…

My kids already think many recent Fortnite collabs (Star Wars, Marvel, etc) are lame. Hasn't stopped them from playing though.

https://www.dexerto.com/fortnite/every-fortnite-collab-cross...

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

#63

Post by brokencode »

fullshark wrote: post #45
brokencode wrote: post #28

Earlier quoted context omitted.

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…

I didn’t read the full article, but isn’t this describing mostly a personal friendship between Bob Iger and Steve Jobs?

I know that analysts have had recurring fantasies about Apple raining money on Disney, but has there been any real evidence of Apple considering that?

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

#64

Post by pests »

tapoxi wrote: post #13
vineyardmike wrote: post #8

Epic games has the potential to be the virtual Disney World - just available to everyone on the planet instead of those with enough money to visit a park IRL. Disney has a great flywheel where their IP drives content, toys, and experiences. This is just the latest experience, and it’s something they can’t build themselves. I bet you can expect more content on fortnite to be with Disney IP; skins, events, maps, everyt…

Disney has had access to it, there were a lot of Fortnite Avengers promotions. It obviously worked well enough for them to want to invest.

I've expected a Fortnite movie for awhile now. The current storyline would be perfect for someone like J.J with his histroy of mistique.

Nit: It was all of Marvel not just Avengers and I think they did Star Wars too already.

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

#65

Post by j2bax »

al_borland wrote: post #19
j2bax wrote: post #10

I wonder if Apple has any regrets about its battle with Epic... Seems like they could have been a great launch partner for the Vision Pro...

They aren’t the only game studio. If Apple rolled over on Epic, it would lead to their entire revenue model around the App Store falling apart.

Definitely not the only, but certainly the one most capable of building a scalable virtual world.

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

#66

Post by pests »

paxys wrote: post #21
gigatexal wrote: post #18

Hilarious. A long time ally of Apple will invest in a company hell bent (and somewhat righteously so) knee capping Apple.

There are no friends in business. It is very common for large companies to be in close partnerships while also competing with or even suing each other. Apple and Disney are themselves competitors in the streaming market.

See also: Samsung and Apple competes in phones, yet Apple sources phone displays from Samsung

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

#68

Post by hmcdona1 »

gamepsys wrote: post #51

Disney gets more IP in front of more 13-25 year olds. This is a very impressionable age group, and can create life long fans. This is a good value proposition for Disney. Epic probably gets an increase in valuation -- lifeblood for tech companies. Collaboration skins are massive for revenue. However, I'm concerned this relationship will force uncool collaborations with Fortnite and reduce it's appeal. Disney has had…

No, Disney uses Unreal for their rendered real-time sets. This is about more than just Fortnite.

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

#70

Post by btown »

chr-s wrote: 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.

I'm almost certain that the Unity licensing debacle caused a number of Disney department heads to say "we need to make sure this doesn't sneak up on us on the Unreal side for our cinematic production pipeline." Whether or not this deal was already in the works, it certainly didn't hurt it.
Post reply on HN