Latest in Epic Games

UPDATED with Disney letter to shareholders. In a letter to shareholders Wednesday, the Walt Disney Co. said it is better off “with Bob Iger at the helm” and without board representatives from activist firms like Nelson Peltz’s Trian Fund Management. “Delivering ambitious growth plans requires…

Disney touted its latest financials, a dividend hike and projects around sports, Fortnite and Taylor Swift as it urged stockholders to elect its board candidates at the upcoming annual meeting — not directors nominated by activist investors that it says will gum up the works as management  "successfully…

Disney shares are up more 12% in a big move after impressing Wall Street with an earnings beat, solid outlook and deals with Epic Games and Taylor Swift. The numbers hit as two activist shareholders are trying to push outside directors onto Disney's board claiming the company is floundering…

Disney will invest $1.5 billion to acquire an equity stake in Epic Games alongside a multiyear collaboration on a new games and entertainment universe focused on Fortnite to expand the reach of Disney stories and experiences. “In addition to being a world-class games experience and interoperating…

UPDATED, 5:30 PM: After a three-year legal battle, a California jury today found that Google violated antitrust laws when it removed Fortnite maker Epic Games and other publishers from its app store. The jurors in San Francisco found in favor of Epic on all of the 11 claims. “Victory over Google!&#8221…

The Fortnite island has a very familiar look this month. That’s because for one month, developer Epic Games is bringing back some blasts from past maps. The popular multiplayer game just launched its latest season, which has been dubbed Fortnite OG. Epic Games says this edition willl be regularly…

The Federal Trade Commission has started to notify consumers that they may be eligible for refunds for in-game purchases on the popular multiplayer online game Fortnite. The FTC has a $245 million settlement fund with Epic Games, the Fortnite manufacturer distributor. It has been accused of using…

UPDATED with Epic Games statement: Epic Games has agreed to pay a total of $520 million in two settlements with the Federal Trade Commission over allegations the Fortnite creator violated the Children's Online Privacy Protection Act, and that it used design tricks to dupe millions of players into making…

A group of Canadian parents are suing US-based Epic Games over its massive Fornite franchise, claiming it makes children into gaming addicts who stop eating, sleeping, and showering. BBC News reports a Canadian Supreme Court judge has now authorized the lawsuit, filed against Fortnite’s Epic Games by…

Women in Animation has named producer Chris Nee, Epic Games and and Seyed Mohsen Pourmohseni Shakib’s film It’s a Gray, Gray World as the recipients of its sixth annual WIA Diversity Awards, which are being doled out as part of Spark Animation 2022. WIA Head of Operations Jena Olson will hand out the…

A fundraising effort by video game Fortnite and Microsoft’s Xbox has generated $144 million for organizations seeking to help Ukraine. Six weeks after an invasion by Russia, millions of refugees have fled Ukraine, while those remaining face dire needs in terms of basic supplies and shelter. In a tweet, the Epic Games…

Spire Animation Studios has closed a $20 million funding round that includes a strategic investment from Epic Games. It said the fresh funds are earmarked for staff expansion, studio technology and infrastructure build out and creative development. Epic will also join Spire's board of directors. The collaboration will…