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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

#211

Post by jaimie »

kmeisthax wrote: post #202

Apple has a weirdly pro-Disney bias: watchOS has built-in Disney faces, on a watch where there's no custom watchface support whatsoever. And this is apparently mutual: Disney shipped a D+ visionOS app when several other streaming services (Netflix, YouTube, Spotify) were telling Apple to piss off. Disney investing in the company that has been the biggest thorn in Apple's side is... interesting. Obviously, the immedia…

There is a massive amount of history between the two companies, with Jobs being the largest individual shareholder of Disney due to the Pixar acquisition and Iger sitting on the board of Apple until Disney+ was launched.

There's a Wikipedia page dedicated to the subject with extensive references: https://en.wikipedia.org/wiki/Potential_acquisition_of_Disne...

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

#212

Post by tomcam »

michael_nielsen wrote: post #180
tomcam wrote: post #154

Earlier quoted context omitted.

At risk? They haven’t had hit movie for years. They have destroyed just about everything they’ve touched, from Indiana Jones to Star Wars to Snow White.

I flagged this - it seems too clearly flame bait. If it was an honest mistake, my apologies. Disney had three movies in 2023 which took more than $200 million at the US box office

They were all flops. They cost massively more to film and to market than that. And remember theater owners get half of the gross.

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

#213

Post by justin66 »

kmeisthax wrote: post #202

Apple has a weirdly pro-Disney bias: watchOS has built-in Disney faces, on a watch where there's no custom watchface support whatsoever. And this is apparently mutual: Disney shipped a D+ visionOS app when several other streaming services (Netflix, YouTube, Spotify) were telling Apple to piss off. Disney investing in the company that has been the biggest thorn in Apple's side is... interesting. Obviously, the immedia…

> I can't help but wonder if Tim Sweeney's days are numbered here.

He owns a controlling interest in the company.

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

#214

Post by yellowapple »

tomcam wrote: post #154
sublinear wrote: post #86

Earlier quoted context omitted.

I had the same reaction 20 years ago to Kingdom Hearts. Disney is definitely at risk of becoming irrelevant with their stale IP.

At risk? They haven’t had hit movie for years. They have destroyed just about everything they’ve touched, from Indiana Jones to Star Wars to Snow White.

> They haven’t had hit movie for years.

If I had a nickel for every time I've heard someone singing that one song from Encanto I'd be able to buy Disney.

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

#215

Post by maxsilver »

bakugo wrote: post #78
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…

> Epic games has the potential to be the virtual Disney World This is what everyone said about Lego, and a bunch of other collabs that came before. It was never true and it's not true now. Turns out people don't want a "virtual world", they want a fun game.

> Turns out people don't want a "virtual world", they want a fun game.

Arguably, there are people who want a "virtual world" -- and they currently just play Roblox to get it. Enough of them like it, that every major retailer stocks "Robux" gift cards

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

#216

Post by yellowapple »

Benjamin_Dobell wrote: post #182
tomcam wrote: post #154

Earlier quoted context omitted.

At risk? They haven’t had hit movie for years. They have destroyed just about everything they’ve touched, from Indiana Jones to Star Wars to Snow White.

Frozen is one of the newest entries out of any media franchise to gross more than $10B — https://en.wikipedia.org/wiki/List_of_highest-grossing_media... . More than Fortnite has grossed. Not too shabby.

I didn't know Pokémon is the single highest-grossing franchise. That's wild and kinda unexpected given its age relative to Mickey Mouse & Friends in 2nd.

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

#218

Post by Rexxar »

lotsofpulp wrote: post #200
Staple_Diet wrote: post #164

Earlier quoted context omitted.

Really? I thought Disney was doing well. Their subscription service is only behind Netflix and Amazon, the latter of which includes its service in Prime so is not an equal competitor. Further, their ownership of Marvel has provided them some of the largest grossing films of all time, and their Star Wars acquisition seems to be paying off. The parks seem to be quite strong, but I've only experienced the Japan ones. Ov…

See their net income and profit margin trends: https://www.macrotrends.net/stocks/charts/DIS/disney/net-inc... https://www.macrotrends.net/stocks/charts/DIS/disney/profit-... Doesn’t look so hot for the last 4 or 5 years. They went from earning near $10B per year to less than $3B per year.

If you ignore the Covid drop, the trend change seems to start in 2019 when they bought Century Fox.

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

#219

Post by CompYOUT »

BooneJS wrote: post #20

Disney is diversifying. This comes on the heels of their subsidiary ESPN creating a new sports streaming service with Fox and Warner/Discovery ( https://thewaltdisneycompany.com/espn-fox-warner-bros-discov... )

Disney is owned by the CCP this not diversifying. Its a great fit for EPIC and Disney to work together because of this. Let the protests begin!

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

#220

Post by gamepsys »

citizenpaul wrote: post #148
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…

Id say fortnight has quite the ways to go then. Counterstrike and World of Warcraft have 15-20 years headstart and are still going.

I was actually thinking about World of Warcraft when I was thinking about a game that failed to be sticky. World of Warcraft peaked in subscriber count in 2010, and has generally seen steady decline since then. I think the numbers for WoW look worse when you consider how sharply it's share of the video game market has declined. The video game market has ballooned in size while Wow's user base is slowly bleeding out.

It's hard to get accurate data, but Fortnite has roughly 100x more users than World of Warcraft. Counterstrike is an even smaller userbase.

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