I thought Sweeney owned 50% and Tencent owned 40%. But from the Disney earnings call, they’re stating they bought a $1.5 billion stake in Epic Games. Please let this not be true. Everything Disney touches turns to ashes. Fox, Disney+, Star Wars, Indy, Lucasfilm, Marvels, etc.
Anyone have any info on this?
Take that back. Elementals 
was cute AF.
My bet is that Tencent sold 5% of their 40% and now Disney holds as much as Sony which is 5% or thereabout.
I loved Marvel and Star Wars. And now they’re gone forever. 
I love Epic too.
May the force be with us!!
Tencent is apparently moving out of the game sector. They want to move into AI.
Disney had a disaster of an earnings call and their stock gets pumped by 15% pretty much like every other earnings call until it comes back down. They’re in a proxy fight and they’re gonna be under criminal investigation soon. They just lost their Federal case against Florida. Tons of lawsuits starting up. Disney picking a fight with Elon Musk. Gonna be interesting times. I just hope UE won’t get dragged into the mud.
