That would be a horrible idea, actually. While some franchises have some real good potential long term, others do not. Resident Evil also is owned by Capcom and Sony cannot mine it for merchandise and licensing. Same with Smurfs and Cloudy, both of which are owned by 3rd parties. Sony also is in a lot of markets that make zero sense for Disney to be in. I am honestly kind of confused why you keep thinking Sony would be a good acquisition target for Disney.
More importantly though, Disney's Debt to Equity and leverage ratio are at a historical high due to the Fox acquisition.
Current and historical current ratio for Disney (DIS) from 2010 to 2023. Current ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations. Disney current ratio for the three months ending December 31, 2023 was <strong>0.84</strong>.
www.macrotrends.net
Despite a net increase in borrowings by -5.93%, in I Quarter 2023, Walt Disney Co managed to enhance Leverage Ratio in the first quarter 2023 to 0.73, marking a new low point for the company To set this into perspective, it is worth noting, that 5 other companies within the indus...
csimarket.com
In depth view into Walt Disney Debt to Equity Ratio including historical data from 1972, charts and stats.
ycharts.com
Adjusted financial ratios of Disney such as current ratio, debt to equity ratio, net profit margin ratio, return on equity (ROE), and return on assets (ROA).
www.stock-analysis-on.net
It would be financially irresponsible to take another huge acquisition before getting the house in order. SNE market cap is currently ~100B and would get DIS in much further debt. Even if you are just talking about SPE, which you aren't, that's still a 10B+ acquisition, which is something that would guarantee further downgrades of DIS stock into Junk territory. Disney has to deleverage at this time and get back to AA/A+ credit rating that they have historically been in. The stock has surged due to Disney+, but they are still very much in a historically bad place when it comes to leverage.
They have been recently downgraded to BBB+ at S&P due to covid. While Christine McCarthy mentioned last year that they'll still invest in the company while they get the leverage down I would be very surprised if they took on a huge amount of debt in doing so.
That said, they are very serious about streaming and have said they are looking into investing big time on Disney+. They have mentioned the revenue generated from Disney+ is going right back into it, and I assume they mean mostly originals, but I wouldn't put it past them to acquire the streaming rights to IPs they own, but not the distribution, to certain movies/tv shows (Marvel (Spider-Man, Hulk, Lionsgate), Muppets, Indiana Jones, Titanic, etc) so to that end I can see how this report is believable.
However let's wait for a more reputable source to report on this supposed DIS - SNE deal for Spider-man extension. It is not specifying if Disney would acquire or license the streaming rights to the properties (the latter would just be kicking the can down the road). Also, I have never heard of geekosity, so to me it's like a reading a random Youtube comment.