Disney Explains Why It Invested $1.5 Billion Into Fortnite And What It Hopes To Achieve

As part of Disney's latest earnings briefing, the company discussed some of its plans for gaming. The company's executive summary touches on Disney's deal with Epic Games to create content for Fortnite, with Disney saying the company hopes to deliver "transformational" new games.

"We are reaching consumers in innovative new ways--such as working with Epic Games to bring together Disney’s beloved brands and franchises with the hugely popular Fortnite in a transformational new games and entertainment universe," the company said.

Disney went on to claim that its business for licensed video games is the "largest in the world." Its deal with Epic Games is another example of this, it said. As for why Disney is investing so much into video games, the company said it's trying to capitalize on a "transformative industry-wide shift toward converged gaming ecosystems."

Disney Explains Why It Invested $1.5 Billion Into Fortnite And What It Hopes To Achieve

Disney Explains Why It Invested $1.5 Billion Into Fortnite And What It Hopes To Achieve

Disney Explains Why It Invested $1.5 Billion Into Fortnite And What It Hopes To Achieve

Disney Explains Why It Invested $1.5 Billion Into Fortnite And What It Hopes To Achieve

Disney Explains Why It Invested $1.5 Billion Into Fortnite And What It Hopes To Achieve