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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

#241
post #66
post #21

Earlier quoted context omitted.

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

and used to source chips from Samsung too

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

#243

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…

Apple has an excellent relationship with Disney, but they're still two separate businesses with different interests that only align in some areas. Disney and Epic also have aligning interests.

That said, I would like to see how much equity Tim Sweeney still has left when all is said and done because as far as I know he only had 51.4% prior to today. A controlling share, sure, but somehow I doubt Disney gave him $1.5B for ~1.3%.

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

#244

Earlier quoted context omitted.

Well this is just straight up false. Moana was a massive success. Frozen is a monstrous success for them. Star Wars not being a success is objectively false. The Force Awakens is the second best selling Star Wars movie of all time.

Moana came out almost 8 years ago! The force awakens is even older. I think you are proving the OPs point.

And they're making a live action one baby!

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

#245
post #177
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.

yeah weirdly the Wikipedia page right now says it's 10% and its source is this article, which ... does not say that.

That got removed. The math didn't math, and I assume the editors had no more luck than I did trying to independently verify it.

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

#247

Earlier quoted context omitted.

Unreal Engine isn't a VR platform, it's a tool that can be used to create a VR platform. "The Platform" in this context is a position that allows you to collect ~30% fee of revenue generated. Unreal Engine's position is much much smaller. Using my definitions Epic gamestore technically counts as a VR platform, but isn't positioned to become market leader.

You're correct but being overly pedantic. Not only is Unreal one of the biggest engines chosen for use with VR games but it's also one of the easiest and most effective for modders to retroactively inject the ability to use a game in VR.

Unreal is just an engine just like Valve’s source engine. It’s a tool for developers and it’s not a destination for consumers. I’m right in pointing out that you guys are confusing a game engine for a video game platform. They are two very different things, and I’m not being “overly pedantic”.

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

#248

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.

Thanks, this definitely adds some context. Seems all these acquisitions is costly work.

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

#249
post #93

Earlier quoted context omitted.

For me it was their billions of dollars of revenue

Yeah wasn’t clear that I meant the store. Epic isn’t going anywhere

The store is their means to distribute without a painful platform tax

Even if it’s just Fortnite its massively profitable to run it

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

#250

Earlier quoted context omitted.

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.…

A game that has lasted twenty years as a commercial project has definitely not failed to be sticky!

There’s a lot of hope and desire for “forever games” particularly from investors but there is no such thing. They will all have a peak and a steady decline at some stage. Social networks exhibit this pattern as well.

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