Disney Exploring Purchase of Twitter

ford91exploder

Resident Curmudgeon
Original Poster
Are you also a cyberspace engineer?

No I simply design and supervise the buildout of infrastructure for companies like Twitter. In the tech industry generally you have 3-6 'Top Level' companies in an established space and a bunch of 'also rans' many of which have unique features which cause the majors to buy them up.

This of course is a general rule but think about any tech field product and apply that rule Smartphones - Apple, Samsung, Huawei, Xiomai is about it...

It's not rocket science in the tech field once a space is established there is room only for a limited number of players, In the streaming field consolidation has already begun and the winnowing process will continue till there are only a handful of major players left.
 

unkadug

Follower of "Saget"The Cult
No I simply design and supervise the buildout of infrastructure for companies like Twitter. In the tech industry generally you have 3-6 'Top Level' companies in an established space and a bunch of 'also rans' many of which have unique features which cause the majors to buy them up.

This of course is a general rule but think about any tech field product and apply that rule Smartphones - Apple, Samsung, Huawei, Xiomai is about it...

It's not rocket science in the tech field once a space is established there is room only for a limited number of players, In the streaming field consolidation has already begun and the winnowing process will continue till there are only a handful of major players left.
Wait...I thought you were an architectural engineer that doesn't make mistakes. So which is it?
 

ford91exploder

Resident Curmudgeon
Original Poster
Wait...I thought you were an architectural engineer that doesn't make mistakes. So which is it?

You do realize that architect is a generic term in engineering and it refers to the people who design systems from the top down specifying systems across multiple domains. Does not mean that one is an expert in each of those domains but it implies that one has enough expertise to specify exactly whats needed and why to experts in those domains and validate that the design delivered from those experts meets the specifications laid down.

As to mistakes well let's just say in that role you are not allowed any. You make one and you are sacked.
 

21stamps

Well-Known Member
Twitter won't go the way of MySpace. (Bravo Tom for selling when you did! RIP the photos, post and bands during my 20s :( ) Not for quite some time. Acquiring this company and figuring out how to generate profit will be a huge success.
 

networkpro

Well-Known Member
In the Parks
Yes
Dont forget that Alphabet is also looking into acquiring Twitter.too. They dont need to support or retain the twitter infrastructure, they've got their own.
 

unkadug

Follower of "Saget"The Cult
You do realize that architect is a generic term in engineering and it refers to the people who design systems from the top down specifying systems across multiple domains. Does not mean that one is an expert in each of those domains but it implies that one has enough expertise to specify exactly whats needed and why to experts in those domains and validate that the design delivered from those experts meets the specifications laid down.

As to mistakes well let's just say in that role you are not allowed any. You make one and you are sacked.
Interesting.
 

prberk

Well-Known Member
From Bloomberg (even they see it as a legacy move for Bob):

http://www.bloomberg.com/news/artic...rger-with-twitter-poses-risks-for-iger-legacy

Iger’s Legacy at Stake in Possible Disney Deal for Twitter

Bob Iger is looking at one more chance to reset the course of Walt Disney Co. with a big deal.

The 65-year-old chairman and chief executive officer of Walt Disney Co. is scheduled to retire in June 2018. He’s already achieved a number of milestones, including Disney’s revival of the “Star Wars” film series and the opening in June of the company’s $5.5 billion Shanghai resort. But one issue bedevils him and most other media executives: how to transition to a world where mobile devices, not TV screens, dominate news and entertainment.

The question underscores Disney’s interest in Twitter Inc. The Burbank, California-based company has hired an investment bank to advise on a possible Twitter merger, Bloomberg News reported Monday. A deal would unite the world’s largest entertainment company, the home of ABC, ESPN and Mickey Mouse, with the technology pioneer that created the 140-character tweet. It could let Iger leave knowing he’s given Disney a big presence in digital media and advertising.


“That would be his final stamp on Disney,” said Tim Galpin, a professor of management at Colorado State University and co-author of “The Complete Guide to Mergers and Acquisitions.” “If he could get that behind him, he could walk off with a final major success story.”

Twitter, whose co-founder and CEO Jack Dorsey sits on the Disney board, has already been dipping its toes in live sports, airing National Football League’s night games. That’s a business that Disney, the parent of the leading sports TV network ESPN, knows well and that clearly intrigues Iger.

Watching on Twitter
“I checked it out, as did a lot of people, and I thought it was quite a good experience,” Iger said on Sept. 21 at a Goldman Sachs conference. “They did a good job.”

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Disney could use Twitter’s platform of 313 million users to deliver real-time news and sports from divisions such as ESPN and ABC News, notes Brian Wieser, an analyst with Pivotal Research Group who follows both companies. The risk is Twitter could alienate other networks like CNN and Fox News if it becomes part of Disney, he said.


An acquisition of Twitter by Disney is possible from a financial standpoint, according to Bloomberg Intelligence analyst Stephen Flynn.

“They have a very strong balance sheet,” Flynn said. “They’re behemoths in the communications sector, and their debt is not the size of the other large players.”

Disney, which had about $15.1 billion in long-term debt and more than $5 billion in cash as of the last quarter, may be able to issue another $12 billion of debt securities and keep its current credit rating, Flynn said. The company carries an A2 rating from Moody’s Investors Service, similar to an A grade from S&P Global Ratings, the sixth-highest rank.
 

Matt_Black

Well-Known Member
I'm against this. Twitter makes no bones about the fact that it is geared towards an adult audience (especially now that they've lightened up a bit and began verifying accounts for adult entertainment stars*), and I feel that a Disney purchase would result in a purging of a lot of that.

I got one adult star to follow me after a clever use of a Simpsons reference, and I don't want to lose that, darn it!
 

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