BREAKING: CEO Bob Iger Considering Selling Streaming Services and Other Assets, May Even Try to Sell Entire Disney Company
BREAKING: CEO Bob Iger Considering Selling Streaming Services and Other Assets, May Even Try to Sell Entire Disney Company
Selling distribution seems like a decent move. Focus on production and sell to every other steamer.
Selling the whole company is click bait. Even Apple (suggested in the article), doesn't have the cash or desire to buy Disney outright. At best it would look like a merger and be mostly stock but it'd still be monumentally stupid for everyone.
Yep, production is where the money's at. Paramount/Viacom figured this out long ago, with their CBS strategy of making cheap crappy shows with 25 episode seasons and then pawning them off on cable TV for syndication
I always thought Netflix and Disney+ were the only profitable streaming services. Turns out Disney+ is making huge losses.
Netflix and Hulu are the only ones making a profit.
In the ultimate twist of irony, George Lucas buys Disney for $1B less than he received for selling them LucasFilms. :)
That's the good ending
The article mentions maybe selling to Apple. I hope not. Apple is already too big. Apple + Disney would be entirely too large a monopoly.
Apple TV is actually good especially for sci-fi. They'd probably make Star Wars not suck again
Apple would be a better custodian of Disney content than Disney themselves, at least.
Id love to see the orville under apple.
I guess this is a weird one because I think apple runs it’s streaming service the best out of all of them. They seem to actually let creatives control the shows instead of strong-arming them with an army of producers. Plus, apple wouldn’t buy all of Disney, just part of the entertainment division.
He’s that worried of loosing his house now?
He should be. Disney is clearly in trouble.