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- Disney is taking out a $1.5 billion minority stake in the company behind "Fortnite."
- CEO Bob Iger announced the team-up Wednesday.
- Iger said the move will be the company's "biggest foray into the games space ever."
Disney is teaming up with video game giant Epic Games, taking out a $1.5 billion minority stake in the company behind the smash hit "Fortnite," CEO Bob Iger announced Wednesday.
In an interview with CNBC, Iger said the company's bet is "our biggest foray into the games space ever."
Disney will team up with Epic Games to develop a "Disney universe for gaming and for play and for watching," Iger told CNBC.