- Joined
- Nov 29, 2015
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I posted this a couple weeks ago. Iger wants to cement his legacy by finding a buyer for Disney. Disney says there is not much money in broadcasting games like Boston College v Syracuse, so they want to move to a direct subscription model. Basically pay per view. Apple was offering Pac12 20 million per team to stream games. So if Apple does buy Disney/ESPN, they might be willing to change the GOR and have a hybrid model. Acc network would have to go, but no one watches the acc network anyways.
Key problem stopping a deal would be anti trust concerns. Even though apple and Disney have distinct products and services, the Biden admin takes a dim view on mega corporate mergers. It would be tied up in court for years, with decent odds the merger would ultimately get denied. Blackrock is also looking at Disney, so Disney may have more than one interested buyer.