Disney Pours Big Money into Epic Deal

Epic Games Raises $1.5 Billion in Funding Amid New Partnership with Disney

North Carolina-based gaming company Epic Games has secured $1.5 billion in funding through a partnership with Disney. This new investment comes as Epic Games aims to expand its reach and bring more exposure to its characters and properties, including popular Marvel Comics characters. The funding round values the gaming giant at $22.5 billion, a significant drop from its previous valuation of $31.5 billion. Epic Games, known for its popular game Fortnite, has raised nearly $8 billion in total funding since its founding in 1991.