Apple: Rumor of Disney takeover grows, Netflix may falter

The wildest rumors are swirling around Bob Iger return to head of Disney. The leader of Mickey’s household for fifteen years, from 2005 to 2020, returns to the helm of the company. According to the Board of Directors, his job is to find and train his replacement. The tone of the statement seems a little hectic: “The Board is a the increasingly complex transformation period of the industryBob Iger is in a unique position to lead the company at this crucial time.”

It didn’t take long for the most mind-blowing hypotheses to circulate on social networks. But one of them is plausible, according to anonymous sources working at Disney. Bob Iger may sell entertainment giant to Apple. If this information is correct, it will have a bomb effect. Such a takeover is not technically impossible. Disney’s market cap is close to $180 billion, while Apple’s market cap is around $2,385 billion. Suffice it to say that the Apple company has enough money to afford Mickey’s box.

Apple was considering buying back Disney back in the days of Steve Jobs.

This process has been considered for a long time. Me Iger was a friend of Steve Jobs when the second is Apple’s CEO. According to Disney employees Bob Iger is taking over the reins of the company with a mission to resell, this type of operation is truly in the leader’s genes. In its first term, Disney created a very prestigious catalog by acquiring Marvel, Pixar, Star Wars and even 21st Century Fox in 2019. It’s the sheer number of licenses that have made Disney the media monster it is today.

Apple would have everything it would gain by buying Disney. The Apple TV+ streaming service would suddenly become a giant that could challenge Netflix and its 234 million subscribers. Will the transaction be approved by US and European regulators? As with the Microsoft takeover of Blizzard, Microsoft does not allow such concentration.hinders free competition.

Source : CBR

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