According to sources, Disney will be losing substantial figures daily due to the delay of film releases and other entertainment stoppages.
Disney became one of the largest companies in the entertainment industry, even more so, with Bob Iger leading as CEO and acquiring other brands such as Pixar, Lucasfilm, Marvel, Fox, among others.
However, the situation could change over the weeks. According to a publication by Hollywood reporter, a Wall street analyst says that Apple, the technology giant led by Tim Cook, could buy Disney due to the fall it is suffering from the expansion of the coronavirus.
The web media also stressed that Disney is losing around $350,000 a day with delayed movie releases and cancellation of filming of other productions.
In addition, the analyst from Rosenblant Securities in Wall street, Bernie McTernan, shared a letter in which he suggests one of the reasons for Apple to buy The House of Mouse, is because the shares from this company have fallen 36%.
“We believe those with long-time horizons, like mega-cap companies with large cash balances and whose equity outperformed Disney over the last three weeks, like Apple, could take advantage of the volatility. The upside from acquiring Disney would be securing their content/streaming strategy and potential synergies from adding the emerging Disney ecosystem to the iOS platform.” he said.
So far, nothing has been confirmed, but it is known that Disney Plus is renewing its catalog to acquire, greater economic profits.
