As part of a companywide cost-cutting effort, Disney has axed its cross-divisional Next Generation Storytelling & Consumer Experiences group, which encompassed the Mouse House’s metaverse ambitions.

Speaking about skins in Fortnite, Persson explained, "Not every outfit will be able to do everything. A [Lego] minifig doesn’t hold a gun. Brands should be able to enforce the brand guidelines to the ...

Even though the ‘persistent universe’ from the two companies will connect to Fortnite, you probably won’t be playing as Mickey Mouse with a gun. Even though the ‘persistent universe’ from the two ...

In another indication that the once high-flying metaverse concept has hit hard times, Disney is eliminating its metaverse division. The move will cut roughly 50 employees in the first round of about 7 ...

We recently published a list of 12 Best Metaverse Stocks to Invest in. In this article, we are going to take a look at where The Walt Disney Company (NYSE:DIS) stands against other best metaverse ...

GameSpot may get a commission from retail offers. Epic Games is investing $1.5 billion into Epic Games to create what sounds like a Disney metaverse within Fortnite, and now one of Disney's top bosses ...