Disney is considered one of the largest media companies in the entertainment industry. Its assets include several animation film production studios, as well as streaming platforms. Surprisingly, rumors have recently surfaced online that this huge empire may collapse and seek a new owner.
After Disney’s massive expansion in the entertainment industry by acquiring Pixar, Marvel, Lucasfilm, and 20th Century Studios, it is quite strange to even hear about the possibility of selling Disney itself. Nevertheless, insiders and analysts are confident in a bleak future for the company. According to their information, the company’s management, led by Bob Iger, is planning a major restructuring. It is difficult to predict what awaits Disney in the end, but the leaders are seriously discussing a complete sale of the company.
If we believe the insiders, Disney will first try to get rid of its loss-making business. Preliminary estimates suggest that the company will incur losses of $800 million this year. These losses are due to the unsuccessful release of films, an unprofitable inclusivity policy, and streaming. It is expected that the company may sell its Disney+ and Hulu in the near future. If this does not help overcome the crisis, more radical methods may be employed, including the sale of the studio. Apple is mentioned as a potential buyer for all of Disney’s assets.
Source from www.playground.ru