Disney's Bob Iger still thinks Apple merger would have 'gotten there' if Steve Jobs had lived

seekingalpha2021-12-22

Outgoing Disney Chairman Robert Iger continues to believe that the entertainment giant would have eventually completed a merger with tech powerhouse Apple(NASDAQ:AAPL)if founder Steve Jobs had lived. ...

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Eskay_Tew
·2021-12-22
The trend now
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NelsonLee92
·2021-12-22
How i wish it will come true one day
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Samwich
·2021-12-22
O
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- calbee_lwh:
  O
  2021-12-22
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I think we would have gotten there,\" Iger said of a potential merger, noting that Jobs became a major DIS shareholder after the Mouse House bought his Pixar animation studio in 2006.\nIger had previously mentioned the potential Apple merger in a book he published in 2019.\nDiscussing the current entertainment landscape, Iger contended that DIS could use broader content offerings for its Disney+ streaming service if it wants to reach its aggressive subscriber expectations\nHowever, he added that the company as a whole has the necessary scale to achieve its goals.\n\"I think [Disney+] needs more volume and there probably needs to be more dimensionality. ... more programming for more people, different demographics,\" the former Disney CEO said.\nIger, who plans to step down as DIS chair at the end of the year, quickly added that current CEO Bob Chapek is aware of the need for bulked-up content offerings within the streaming service.\nAsked about whether competing entertainment firms have the scale necessary to dominate the market in the current media landscape, Iger sidestepped the question, but expressed confidence in DIS's ability to compete, given its broad array of assets.\n\"I don't know whether others are scaled right or subscaled necessarily. I just think we're well-scaled,\" he said.\nCommenting on his relationship with Chapek, which has been rumored to be contentious at times, Iger said that shareholders should not worry about any reports of tension, saying of the current CEO \"it's his company.\"\n\"The relationship I have with him is not really relevant to how effective he is running the company,\" Iger said.\nLooking longer-term, Iger argued that Disney (DIS) \"can't just maintain a pat hand,\" urging the company to \"continue to evolve\" as the state of media changes.\nAsked about his pending departure, the outgoing Disney chair said he wanted to step aside before he outstayed his welcome at the top of the company.\n\"I didn't want people to go around saying 'when the heck is he going to leave' ... I'd rather have them say 'gee, did he have to leave when he's leaving,'\" he said.\nAfter lackluster trading through much of the year, DIS tumbled in November following the release of a disappointing earnings report. 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The stock has declined 19% since the end of 2020,compared to the 23% gain posted by the S&P 500:","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":691691770,"gmtCreate":1640179617984,"gmtModify":1676532418206,"author":{"id":"3578561972068295","authorId":"3578561972068295","name":"Eskay_Tew","avatar":"https://static.tigerbbs.com/c955d556458f3e647eb3cbf75c2f8f54","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3578561972068295","authorIdStr":"3578561972068295"},"htmlText":"The trend now","listText":"The trend now","text":"The trend now","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/691691770","repostId":1195340434,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":9000622464,"gmtCreate":1640165818715,"gmtModify":1676533504461,"author":{"id":"4099298428767980","authorId":"4099298428767980","name":"NelsonLee92","avatar":"https://static.tigerbbs.com/ac1472e6181e2a551a65b4829b22a7d9","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4099298428767980","authorIdStr":"4099298428767980"},"htmlText":"How i wish it will come true one day","listText":"How i wish it will come true one day","text":"How i wish it will come true one day","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9000622464","repostId":1195340434,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":691816151,"gmtCreate":1640164239125,"gmtModify":1676532416034,"author":{"id":"3575000650579772","authorId":"3575000650579772","name":"Samwich","avatar":"https://static.tigerbbs.com/333bbe08da61ec501a2da43a65e31462","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3575000650579772","authorIdStr":"3575000650579772"},"htmlText":"O","listText":"O","text":"O","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/691816151","repostId":1195340434,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":7076497,"gmtCreate":1640167654608,"gmtModify":1663239048140,"authorId":3579950492873390,"author":{"id":3579950492873390,"idStr":"3579950492873390","authorId":3579950492873390,"name":"calbee_lwh","avatar":"https://static.tigerbbs.com/2c71feed0eaf38825c4f2fc86cd7a84d","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":691816151,"type":1,"supId":0,"prevId":0,"content":"<u>O</u>","text":"<u>O</u>","html":"<u>O</u>"}],"langContent":"CN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":40,"commentSize":3,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false}}