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.

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 ...

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 ...

"Brands should be able to enforce the brand guidelines to the degree that they're comfortable with that brand being associated with particular ratings." When you purchase through links on our site, we ...

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 ...

In early 2024, Disney invested more than a billion dollars in Fortnite creator Epic Games and announced some sort of new Disney-powered metaverse experience. We've already seen a few aspects of this ...