So Jobs owns Apple, and Pixar, he also runs and owns 7% of Disney through Pixar. What if Apple uses some of it’s billions to buy up the rest of Disney? It’s possible.
“I think he has an open option,” Barron’s quoted analyst Christopher Whalen, a New York-based managing director of Institutional Risk Analytics. “Disney is badly undervalued right now. Jobs might get an opportunity to take it out.”
Whalen argues that Jobs’ unique familiarity with both the content and technolgy sides of Hollywood make the case for a bid more compelling.
“The markets and Disney shareholders would welcome a merger led by their apparent savior, Steve Jobs,” Whalen concluded.
1 response so far ↓
1 viCtory // Feb 26, 2006 at 3:00 PM
wow.
And this right after Woz suggested they spin-off the ipod to concentrate on their core computing business.
If it does go through the only good thing that could come out of it would be much better integration of all the Disney studios and record labels [Buena Vista Motion Pictures Group and Buena Vista Music Group] with Apples iTunes service.
I think this is the direction it needs to go in, the tech companies [which are far richer than their hollywood counterparts] should be buying out the content providers and using them to provide cheaper/free/nonDRMed content to their customers - why should the tech industry be controlled by the RIAA and MPAA when the music/movie industry makes hardly a fraction of what the tech industry makes - clearly it should be the other way round.
Wishfull thinking I know..
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