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Verizon to Buy Disney?

Discussion in 'Disney Co News & Discussion' started by LAKid53, Jul 2, 2017.

  1. LAKid53

    LAKid53 Well-Known Member

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    The stuff that pops up in my Google news feed.... o_O

    Reported on the Site That Shall Not Be Named from a story in the New York Post (that bastion of journalism ;)), Verizon is considering a purchase of Disney, to make it more competitive with AT&T after it purchased Time/Warner. Apparently, Verizon has expressed interest in Comcast (just what I need - my wireless service owning my cable company), CBS and Disney.

    According to the NY Post article, it wouldn't be a full takeover since Verizon's market capital is $182B and Disney's is $106B. Plus, Verizon may not want all of Disney.

    Yeah, right.....
     
  2. Bacon

    Bacon Well-Known Member

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    That's a load of poop
     
  3. wm49rs

    wm49rs A naughty bit o' crumpet Premium Member

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    Tommy really needs to change his byline to "Have rumor, will clickbait."
     
  4. Smiley/OCD

    Smiley/OCD Well-Known Member

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    Can you hear me now??? My dad has Verizon mobile service (I have AT & T), His service is horrible...let them worry about their existing businesses before they try to screw OURS up! But all kidding aside, most of these articles are written by reporters with ulterior motives, looking to move a stock price in one way or another...they're going to buy Apple, Apple's going to buy Disney...the real business mega moves are the ones that are NEVER leaked i.e. Amazon buying Whole Foods. THAT came out of left field, and sent everyone scrambling i.e. Target & Wal-Mart. Could it happen? I guess so...do I hope it happens? ABSOLUTELY NOT.
     
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  5. EricsBiscuit

    EricsBiscuit Well-Known Member

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    They could just buy ABC and the other cable crap and spin off the rest.
     
    larryz likes this.
  6. Uncle Lupe

    Uncle Lupe Well-Known Member

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    I have been watching WMT price because it was near a 5 year high and was wanting to sell. But waited knowing it would dip and recover. As I watched I saw a big drop in one day. For no reason. This was after the initial high sell off. Two days later the Amazon news broke public. What a coincidence. Big drop in price before big news hits the general public market.
     
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  7. EricsBiscuit

    EricsBiscuit Well-Known Member

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    I have Verizon and the service is faster than when I was on AT and T
     
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  8. RustySpork

    RustySpork Well-Known Member

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    I was going to buy Disney and fix this Gondola fiasco but then I remembered that it wasn't that important so I went on Flight of Passage instead.
     
  9. insert name here

    insert name here Well-Known Member

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    Nice. I'm planning on being the next sponsor for Spaceship Earth.
     
  10. RustySpork

    RustySpork Well-Known Member

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    Excellent!
     
  11. lentesta

    lentesta Premium Member

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    The NY Post article contained exactly one sentence about this rumor. The headline might as well be "Kate Upton to start returning @lentesta's phone calls?"
     
  12. bclane

    bclane Well-Known Member

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    Verizon buying Disney is as likely as me getting my apartment inside SWE, a Friends reunion show happening this year, Elvis actually being found living in Vegas, and Bigfoot coming over for dinner tonight. Not happening.
     
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  13. Scuttle

    Scuttle Well-Known Member

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    Forgot to include a working Yeti.
     
  14. bclane

    bclane Well-Known Member

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    I sill believe in the Yeti lol! I know it has been stuck for like 10 years but some day... :joyfull:
     
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  15. Smiley/OCD

    Smiley/OCD Well-Known Member

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    I guess it depends on where you live...
     
  16. monothingie

    monothingie OOOOWEEEEEEE! Premium Member

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    While everyone is laughing about this, the real story is a content delivery network which Verizon has and Disney does not. TWDC is an entertainment company that needs to distribute content. Theme parks are secondary to that. A merger or acquisition is a good thing for both companies and makes a lot of sense.
     
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  17. bclane

    bclane Well-Known Member

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    It would be nice for Disney to have their own content delivery network I agree with you there. I just don't like the idea of any company buying Disney. Parent companies make decisions based on what they feel is in their best interests and sometimes this is not in the best interests of their children. I'd rather see Disney develop or buy their on content delivery system and retain full control.
     
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  18. gogetter

    gogetter New Member

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    Maybe Verizon will just buy some share from Disney but they won't own all of it.
     
  19. LAKid53

    LAKid53 Well-Known Member Original Poster

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    Which probably explains why Comcast has now gotten into the wireless business.
     
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  20. monothingie

    monothingie OOOOWEEEEEEE! Premium Member

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    It all depends on the parent. USO under Vivendi was an unmitigated disaster. GE and Comcast greatly improved things. Many would say that they are leading things in O town these days.
     
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