Walt Disney to invest $1.5bn in Epic Games to create persistent games and entertainment ecosystem

Walt Disney to invest $1.5bn in Epic Games to create persistent games and entertainment ecosystem

The Walt Disney Company has revealed its plans to collaborate with Epic Games, the powerhouse behind the global gaming phenomenon Fortnite, to create an all-new games and entertainment universe. This ambitious project is backed by a substantial $1.5 billion investment from Disney to acquire an equity stake in Epic Games. The deal, which is currently […]

Pop culture lifestyle brand Funko secures $263m from TCG-led consortium

Pop culture lifestyle brand Funko secures $263m from TCG-led consortium

Funko, an American pop culture lifestyle brand, has secured an investment of $263 million from a consortium led by The Chernin Group (TCG) through a secondary transaction. Based in Everett, Washington, Funko is engaged in designing, sourcing, and distributing licensed pop culture products across various categories, including vinyl figures, board games, action toys, apparel, plush, […]