In February 2024, Disney invested $1.5 billion to acquire an equity stake in Epic Games, the maker of Fortnite, as part of a multi-year project to build a new games and entertainment universe.
An outright acquisition of Epic would be a second attempt at the same ambition, only this time with a company Disney has already paid $1.5 billion to understand.
The article’s headline is wrong or misleading. Disney isn’t looking at buying Epic for $1.5b, that’s what they’ve already invested in Epic. There is no mention of a proposed acquisition price in the article.
“Today we’re laying off over 1000 Epic employees. I’m sorry we’re here again. The downturn in Fortnite engagement that started in 2025 means we’re spending significantly more than we’re making, and we have to make major cuts to keep the company funded. This layoff, together with over $500 million of identified cost savings in contracting, marketing, and closing some open roles puts us in a more stable place.”
Less than a week ago they fired a bunch of staff because due to (falling) profits. It’s disgusting, all these people suffer so that the c-suite can get a nice payout when if / when Disney buys.
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The article’s headline is wrong or misleading. Disney isn’t looking at buying Epic for $1.5b, that’s what they’ve already invested in Epic. There is no mention of a proposed acquisition price in the article.
No valuation means this is hype and no substance.
I was skeptical, immadiately. Can’t imagine Epic Games worth “just” $1.5 Billion. A terrible title.
Yeah, Fortnite makes a billion a year. I can’t imagine the entire company would sell for so little.
https://www.forbes.com/sites/paultassi/2026/03/24/fortnite-financial-loss-leads-to-over-1000-layoffs-at-epic/
Less than a week ago they fired a bunch of staff because due to (falling) profits. It’s disgusting, all these people suffer so that the c-suite can get a nice payout when if / when Disney buys.
1.5 billions is a steal for Fortnite alone. I clicked only for how absurdly low it seemed.