DISNEY INVESTS $1.5B IN EPIC GAMES, PLANS NEW “GAMES AND ENTERTAINMENT UNIVERSE”

Summary from the TLDR newsletter

Disney has announced plans to invest $1.5 billion into Epic Games for an equity stake. The partnership will see the companies collaborate on an all-new games and entertainment universe. Disney has attempted to enter the gaming industry several times - this is its biggest attempt yet. The announcement video is available in the article.