Disney's New CEO Josh D'Amaro Faces Early Challenges with Fortnite and OpenAI Partnerships.
ByAinvest
Tuesday, Mar 24, 2026 10:46 pm ET1min read
DIS--
Disney CEO Josh D'Amaro's first week has been marred by two billion-dollar technology bets faltering: Epic Games laying off 1,000 employees after new Fortnite versions failed to connect with fans, and OpenAI shutting down Sora, an AI video generator, and ending a $1 billion equity investment partnership with Disney. The moves coincide with D'Amaro's vision for a more connected Disney experience through new technologies. Disney shares closed down 1.6% on Tuesday.
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