We’ve heard for years that Apple may one day buy The Walt Disney Company. Talk of this potential Apple-Disney merger started when Steve Jobs sat on Disney’s board of directors and while nothing ever happened, a new report from DAY suggests that this merger is a very real possibility.
An insider earlier said: “I don’t think so [Apple] would buy the company as it currently stands, but if you see Bob starting to divest things… he looks like he’s preparing for a sale. And there’s clearly no buyer like Apple.”
Well, it seems to be exactly that Bob Iger He’s doing. He has already spoken publicly about the possibility of selling Disney’s TV assets like ABC and FX. Downsizing Disney, “could be a tempting takeover target.”
The report explains that Apple is sitting on $62 billion in cash and cash equivalents and has a market capitalization of $2.8 trillion. “And while it may very well be true that Apple doesn’t want to buy a studio, perhaps it would like to buy this studio, the one that, despite the challenges of the moment, has a vault full of priceless IP and remains the most valuable brand in entertainment.
The fact of the matter is that if Iger decides to sell Disney, Apple is the most likely buyer. They have such a long history with each other and their leadership. However, there are a couple of hurdles for a deal like this to happen. The first is trying to get the price right is one, and the other is the government. It explains that the Biden administration “has been aggressive in suing to prevent the completion of significant deals, albeit with mixed results.”
They had previously successfully blocked Paramount’s sale of Simon and Shuster to Penguin Random House, and there were unsuccessful attempts to prevent Microsoft from buying Activision Blizzard.
Anthony Sabino, an attorney and professor at St. John’s University, said, “It’s a fact, it’s an absolute certainty that if there was talk of a merger between Disney and anyone else, it would be scrutinized by the FTC.” , from the Justice Department. So it would basically be walking into a bear trap that I’m not sure any company would be willing to dive into. It is then explained that a Republican administration “may prove more lenient when it comes to important business.” .
It would be pretty interesting to see what happens if a tech giant like Apple buys Disney. Even if there’s no mention of what’s actually happening right now, who’s to say it won’t happen somewhere down the line. It’s very possible.
Iger responded to the report by saying, “I simply have no intention of speculating on the potential for Disney to be acquired by any company, whether it is a technology company or not. ‘global regulatory environment, I won’t say any more. It’s not something we obsess over.”
by Joey Paur
Source: Geek Tyrant

Lloyd Grunewald is an author at “The Fashion Vibes”. He is a talented writer who focuses on bringing the latest entertainment-related news to his readers. With a deep understanding of the entertainment industry and a passion for writing, Lloyd delivers engaging articles that keep his readers informed and entertained.