There are rumors that Apple you might consider buying Disney and this happens after it was found out that Bob Chapek was replaced by Bob Iger as CEO of Disney. This new rumor comes through a report from Wrapper which alleges that Bob Iger may have been appointed CEO of Disney to help sell Apple.
The Wrap reports that a studio insider told them that Disney may be selling its products to Apple. Here’s what a studio insider had to say about it:
This is the pinnacle of the deal for the ultimate business person.
It came as a real shock when it was revealed that Bob Iger was going to return as the CEO of Disney. It’s been a challenging few years since Iger left the role back in 2020. He was replaced by Bob Chapek, and the wheels on Chapek’s bus came off fairly quickly. The new CEO has reportedly caused many problems within the company. There was also all the confusion with Scarlett Johansson and her Black Widow to deal with. As a result, the actress met with the company, and they had to settle the case out of court.
Could Apple buy Disney?
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Rumors have been circulating for quite some time now that Apple is considering buying the Hollywood studio. There were rumors that they might be interested in buying MGM Studios, but Amazon pushed them into the deal.
There have also been rumors for some time that Disney and Apple might be doing some sort of merger. The two companies have been quite close over the years. Apple co-founder Steve Jobs was one of the three founding fathers of Pixar Studios, which is now part of Disney.
Apple has launched its own streaming platform in Apple TV Plus, but it hasn’t reached the heights of Disney Plus, and I think that might be a key area of interest for the tech giants. I have a feeling that Disney Plus might be the reason why they are even interested in buying the iconic Hollywood movie studio.
Added to this is the fact that Disney owns some of the most profitable and popular franchises in the world, especially after they acquired 20th Century Fox. They have the likes of Star Wars, Marvel, Pixar, Indiana Jones, Predator, Alien… The list of franchises owned by Disney is literally endless.
What will this give the tech giants?
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What’s more, Disney also owns services like Hulu and ESPN, which would also be a huge plus for Apple. What’s more, Disney Plus has amassed just over 164 million subscribers in three years. When Hulu and ESPN are included, Disney Plus has overtaken Netflix in terms of total subscribers. These are numbers that Apple can only dream of with Apple TV+.
And it’s not that Apple hasn’t publicly stated its interest in buying a big company like Disney. Speaking to investors in April of this year, Apple CEO Tim Cook said the following:
We are always looking to buy companies, we are acquiring many smaller companies and we will continue to do so to add more talent to the intellectual property. We don’t discount anything big if the opportunity presents itself. I will not be reviewing our inventory with you during this call, but we are always looking.
Cook then added that Apple “doesn’t rule out acquiring a big company” and that “the main goal was to provide strong intellectual property and big names.” Disney has both: protected intellectual property and big names. Now that Bob Iger is back in business, they have the biggest of both of them.
What do you think of this news? Do you think Apple is going to buy Disney in the near future? Let us know your thoughts on this in the comments below.
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