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The original was posted on /r/wallstreetbets by /u/AlphaBro82 on 2024-02-08 12:51:51.

KEY POINTS

Disney is investing $1.5 billion for an equity stake in Epic Games in its biggest jump yet into the gaming world.

The media giant will work with the Fortnite gaming studio on new games and an entertainment universe.

Disney has previously collaborated with Epic to bring characters from Marvel, Star Wars, “The Nightmare Before Christmas,” “Tron” and more to Fortnite.

This is bullish the video gaming industry in general after a rout in 2023.

Hopefully that might push Microsoft to do another acquisition of a gaming company like Nexters’s HeroWars or Playrix.