Disney to Invest $1.5 Billion in Fortnite Maker Epic Games

Walt Disney Co. is acquiring a $1.5 billion equity stake in Fortnite maker Epic Games Inc. as part of a collaboration involving Disney properties like Star Wars, Marvel and Avatar, the companies said Wednesday.

Fans will be able to watch, shop and play with Disney characters within the Fortnite game, according to a statement Wednesday. The deal also involves new titles and a collaboration with the company’s theme parks.

“This marks Disney’s biggest entry ever into the world of games and offers significant opportunities for growth and expansion,” Disney Chief Executive Officer Bob Iger said in a release. ...