According to Bloomberg:
The Walt Disney Co. is working with a financial adviser to evaluate a possible bid for Twitter Inc., according to people familiar with the matter, Bloomberg News reports.
This story is still developing so no further details are available at this time.
Stay tuned for more information as it becomes available.
Tom has been regularly visiting the Walt Disney World® Resort from the time he was 4 months old. While he has made countless visits in the last 28 years, he did not become a truly active member in the Disney fan community until the summer of 2007, when he decided to launch the WDW News Today website and podcast. Tom has since become an Orlando-local and is a published author on Walt Disney World.
Contact Tom at [email protected]
Why would Disney buy twitter?! ? is their a reason for it? ?
The same reason they bought go.com, to never do anything with it and watch it die.
Oh! It’s like a Yahoo acquisition!
Yeah what use would they have for it?
The usual. Advertising revenue and corporate synergy. Plus who would pass up the chance to have Walt Disney’s Enchanted Tiki Room presented by Twitter.
Smart move would become an instant netflix they could steam all their shows say the new designated survivor directly to every single twitter account. Also BamTECH runs the stream for the NFL so you have that…..now the price is a bit iffy disney cant afford 16bilion plus so your looking a shareholder dilution and or load up on DEBT. if you thought penny pinching was bad for the china park just wait if they do something like this……also the days could be numbered for WDWNT keep breaking news disney could shut them down! lol……
Don’t see how “According to Bloomberg” and with an actual site link is considered stealing valuable information regarding a POSSIBLE bid. Interesting news though keep em coming.
Everybody is wanting to buy Twitter right now. This isn’t news until we know who is purchasing them.
Hopefully, the new Twitter management will be a lot less douchy if this does happen
wow twitters model will really change if that happens. Not sure I like that just from a free speech point of view.
Maybe its a play to control Periscope since like 90% is Disney Parks junk anyhow.
This is the best idea Disney has had since purchasing the go.com domain!
I wish this platform had upvotes.
It’ll be huge! Just like go.com!
Will never happen, the FCC will block Disney from doing so. They should’ve blocked Disney from buying Marvel and Lucasfilm and the FCC needs to break up the company to the point that the company is back to where it was in the 60s.
I’m fairly sure you are trying to reference the Federal Trade Commission and not the Federal Communications Commission, who regulates technology. Any who, Marvel would have possibly gone into bankruptcy if the Walt Disney Company had not picked it up. Lucasfilm was pretty much a given considering the relationship already present. I believe the same could be said for Jim Henson Productions.
That’s the point. Marvel needs to go into bankruptcy and it would be a beautiful moment if they did. DC is better than Marvel in every which way and even Batman & Robin is better than the MCU. If I ran Disney, I’d have Joel Schumacher take over directing Marvel movies and turn them into a camp fest with nipples and butts.
I’ll have to take a pass on that offer.
What’s wrong McFly? Chicken???!
Are you arguing from a competition perspective? Or just nostalgia?
Both. The government should control the media in all forms to the point that they need to forcibly break up all the media companies like Disney, Viacom, Comcast and Newscorp and force the individual divisions to be their own companies like they used to be and companies are legally banned from buying up other properties. The movie industry should be used for propaganda.
Disney needs to concentrate on what they DO, not being a cancerous conglomerate. Drop ESPN too. Make Disney magic.
ESPN has been a drain on the stock for awhile now. Subscribers are reportedly dwindling. Some say it’s just the “cord cutters,” those who aren’t getting cable anymore, and not content. Disney seems to be trying various ways to get ESPN to customers. IMHO, it’s rapidly becoming unwatchable. More controversy reporting than actual sports. The same lineup for years now. Watch 3 shows in a row and they just rehash the same controversies. I have it on my Apple TV lineup. Wanted to see highlights of my Indians clinching the AL Central…. 31 all-sports clips and NONE were of the… Read more »
Well, that’s one way to control the Disney Parks rumour mill ;)