Could Bob Iger be selling Disney to Apple in the future? It's a possibility.

Could Bob Iger be selling Disney to Apple in the future? It's a possibility.

As film production companies grapple with numerous challenges, Disney might find itself at a critical juncture, and Apple could potentially be found along one of those paths.

The last few years have been quite eventful in the world of Hollywood showbiz. Firstly, the former Disney CEO Bob Iger returned to the company last year to replace the unsuccessful successor, Bob Chapek. Since then, Iger has been trying to reduce the excessive amount of Marvel and Star Wars content and has also been exploring the use of AI, which was one of the reasons for the union strike by the WGA and SAG-AFTRA. The Hollywood Reporter has now revealed that a seasoned executive in Hollywood has suggested that there might be a chance of Apple acquiring Disney.

In recent times, Disney has been seen as a dominant force in the entertainment industry. They acquired 20th Century Fox and Lucasfilm, making them even more powerful. It seemed like they would manage all these properties with great success. However, according to THR, Apple isn't really interested in buying Disney. In fact, many executives find the idea laughable. But a veteran from Hollywood explains, "I don't think Apple would purchase the company in its current state. However, if you observe Bob starting to sell off parts of the company, it suggests that he is preparing for a sale. And there is no better buyer than Apple."

Several weeks after this idea was communicated, Iger went on CNBC for an interview where he reportedly mentioned that Disney's traditional television networks, such as ABC and FX, may not be a vital part of the company's operations. Just like Qui-Gon Jinn stated in The Phantom Menace, there is always a more influential entity. When Lucasfilm and Fox were seeking buyers, no other company could match Disney's capabilities. However, now it appears that Apple is the dominant force, with an impressive $62 billion in liquid assets and a market capitalization of $2.8 trillion, surpassing any other competitor.

Studio executives have been expecting that the number of companies in the industry will decrease as a result of acquisitions. A veteran in the industry predicts that only three or four platforms will remain, and the rest will be taken over by bigger companies. The predicted platforms are Apple, Amazon, Netflix, and another one that could potentially be formed by combining NBCUniversal, Warners, and Paramount. However, it is unlikely that major acquisitions will be allowed by the government due to concerns of monopoly. Despite this, sources claim that Iger, the CEO, is feeling immense stress in his current situation, especially since many of his previous collaborators are no longer working at the company to support him in these challenging times.

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