In UE4 we have Matinee for one time events such as a giant door opening very dramatically or a ship that sinks in the distance or just every light goes out at once. There are a lot more possibilities. Matinee is especially if we combine many elements like light, movement and sound.

How to create a Matinee

1. On the right side should be a Modes Panel (if not click on the windows button on the top and enable it)
2. find Matinee
3. then place it in the area you want to animate
4. on the right side "Open Matinee"

How to set up Actor inside a Matinee normally

1. continue from creating "How to create a Matinee"
2. click on the actor you want to animate in some way
3. right click on the left side where the ""
4. click on empty group
5. right click on the empty group and a
6. then animate it with adding keys and moving them in the Curve Editor

The UE4 docs explain it pretty good aswell https://docs.unrealengine.com/latest/INT/Engine/Matinee/