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Deal comes as the company reported an increase of 49% in profits and picked up Taylor Swift’s Eras Tour movie for streaming
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An nice look at how an established entertainment giant is still looking for different revenue streams to increase its profitability. It this case it's Disney who invested in Fortnite maker Epic Games, and also bought the rights to stream Taylor Swift's Eras Tour,
This was announced as the company announced a significant uptick in quarterly profits - by 49% to $1.91bn - in the 3 months to December. However, these moves also suggest that it's not content to rest on its laurels.