Market Chatter: Epic Games' Fortnite Resurgence Hinges on Walt Disney Partnership

MT Newswires Live04-11 04:01

Epic Games is pinning its Fortnite rebound on its game development with Walt Disney (DIS) after rushing product releases to chase trends backfired, Bloomberg reported Friday, citing company employees.

The company acknowledged that new games, Fortnite upgrades, and a new mobile store did not live up to expectations, according to the sources.

The first game under the partnership with Disney is expected to launch in November, with at least two more games expected in the future, the media outlet reported.

Epic Games did not immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 99.01, Change: -0.79, Percent Change: -0.79

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