Disney Takes a Leap into the Metaverse: Epic Games Receives Massive Investment
Disney, having previously trimmed its metaverse division, has executed an awe-inspiring pivot by joining forces with Epic Games to create a metaverse. The Walt Disney Company has put forth an enormous investment, buying a $1.5 billion stake in Epic Games, with the ambition to forge a ‘persistent universe’. Disney invests Epic Games with the mission to build not just a gaming cosmos, but an all-inclusive ‘games and entertainment universe’. This audacious move by Disney provides Epic Games with a significant boost, carving a fresh route in the metaverse realm.
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