Search
Disney to Acquire $1.5 Billion Stake in Epic Games, Aims to Create Joint Metaverse
12.2.2024
Disney, one of the biggest entertainment companies, has decided to acquire a $1.5 billion stake in Epic Games, makers of the known persistent metaverse platform Fortnite. The companies will collaborate to develop a metaverse featuring Disney-owned intellectual properties (IPs) which will benefit...
Disney Reportedly Axing Metaverse Division Amidst Company Restructuring
1.4.2023
The metaverse division of Disney has apparently fallen victim to the latest round of layoffs announced by the company. Per reports from the Wall Street Journal citing people “familiar with the situation,” the whole next-generation storytelling and consumer-experience unit, comprised...
Disney reportedly scraps its metaverse division
28.3.2023
The metaverse division was originally put together to work on new ways to engage Disney’s audience
Disney brings back Bob Iger as CEO: Here's the crypto connection
21.11.2022
Since leaving The Walt Disney Company, Bob Iger has been acting as an advisor and board member for the digital avatar platform Genies
Disney Moves Toward the Metaverse With Approved US Patent to Create a ‘Virtual-World Simulator’
10.1.2022
A recently discovered patent shows the American multinational entertainment and media conglomerate, Walt Disney Company, was approved by the United States Patent and Trademark Office (USPTO) for a “virtual-world simulator” patent. The simulator is composed of...