301–310 of 381 posts
What do we think the valuation is? Do we think it's down, flat or up? I'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.
In both instances, the game end of the deal had peaked already, and there was nowhere to go but down. Nothing a few billion dollars can’t fix, maybe some “new content,” says the business guys.
Meanwhile their product becomes worse by the month. The magic is fading. All the people who made it great move on, not wanting to deal with the business parasites who showed up to squeeze a buck. Repeat.
Same thing with tencent letting Grinding gear games basically make poe 2 which is huge financial risk when they already had a succesful game that could have kept going, just for the sake of making it better for their players over time.
Disney however? yeah, now people will actually see what unrestricted capitalism does to a company, I really hope this is mostly just aimed at the fact that Disney probably uses unreal engine and doesn't want it going down, but the cynic in me thinks that disney as a corporation will try to squeeze as much as they can out of their money.
This has the same pattern as the Vivendi deal with Blizzard back in 2007. In both instances, the game end of the deal had peaked already, and there was nowhere to go but down. Nothing a few billion dollars can’t fix, maybe some “new content,” says the business guys. Meanwhile their product becomes worse by the month. The magic is fading. All the people who made it great move on, not wanting to deal with the business…
Take a look at how The Mandalorian (a Disney production) was filmed. Epic Games’ software played a large part.
It goes beyond just film & television. They offer solutions for the automotive industry, aviation simulation industry, mining sims, trucking sims, medical sims, architecture, live broadcast, …
Hmm, I think I might invest if I can!
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.
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…
I see huge potential for NFT integration as well. Imagine buying a Mickey Mouse skin in Fortnight and being able to use it in one of Epic Games' other games too. Lots of possibilities.
Earlier quoted context omitted.
When a company is spending more to make a movie than they earn with the movie it's no success just a lot of bought buzz
Encanto: $150m budget vs $250m box office. So again, "no hit movies" is easily disproven with 10s of time to look into it.
So in your example, it potentially lost money for Disney. The wikipedia article almost says as much [2]
"Although it underperformed at the box office ..."
[1] https://gizmodo.com/how-much-money-does-a-movie-need-to-make...
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…
Perhaps.
Perhaps, also, it's the old media playbook interpreting what young people want as "jam advertisements in front of them".
>Long term the trick for Fortnite is to become the most sticky online videogame in history
They might achieve this (certainly World of Warcraft holds the title). But I think video games are inherently faddish.
If I had to go one way or the other, I'd bet this is a bit of a desperate move by Disney who are becoming less relevant and whose cash cow (Marvel) is withering.
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.
This has the same pattern as the Vivendi deal with Blizzard back in 2007. In both instances, the game end of the deal had peaked already, and there was nowhere to go but down. Nothing a few billion dollars can’t fix, maybe some “new content,” says the business guys. Meanwhile their product becomes worse by the month. The magic is fading. All the people who made it great move on, not wanting to deal with the business…
Epic Games is not just games anymore. Take a look at how The Mandalorian (a Disney production) was filmed. Epic Games’ software played a large part. It goes beyond just film & television. They offer solutions for the automotive industry, aviation simulation industry, mining sims, trucking sims, medical sims, architecture, live broadcast, … Hmm, I think I might invest if I can!