Crystal Ball M&A 2017: Disney Absorbs Netflix? Lenovo Goes Private? Tencent Plays Activision Blizzard? @jgfarb @breakingviews.

C

01-10-2017

(Photo:Splash Mountain at the Magic Kingdom )

http://JohnBatchelorShow.com/contact

http://JohnBatchelorShow.com/schedules

http://johnbatchelorshow.com/blog

Twitter: @batchelorshow

Crystal Ball M&A 2017: Disney Absorbs Netflix? Lenovo Goes Private? Tencent Plays Activision Blizzard? @jgfarb @breakingviews.

“…Walt Disney may be looking for a bit of two-for-one magic. The $160 billion entertainment conglomerate is on the hunt for technology to connect consumers directly with its movies and TV shows. It’s also in need of a successor to Chief Executive Bob Iger. A Netflix acquisition including founder Reed Hastings might just answer both dreams – though it would be pricey.

The Magic Kingdom lost some of its zip in 2015, when Iger indicated that fewer people were paying for its cable sports network and pro t engine ESPN. Shares of Disney are off about 20 percent since then.

All the same, the company has been one of the forward thinkers in its business when it comes to bypassing traditional cable boxes. ESPN is part of new packages like Dish Network’s Sling TV. Iger splashed out $1 billion for a one-third stake in Major League Baseball’s streaming technology, with the option to buy it out….”

http://fingfx.thomsonreuters.com/gfx/breakingviews/1/307/377/Final_S041491_v4_LR_nc.pdf

about 1 month ago
You need to be to post a comment