Super Rumors about Takeover of a Streaming Powerhouse

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October-14, 2016— Rumors are swirling that Disney may be on the hunt for Netflix.  Disney-owned Marvel Television already has an output with Netflix for superhero shows such as Jessica JonesDaredevil and, most recently, Luke Cage. 

According to MarketWatch, Disney is looking to acquire new assets, and has set its sights on Netflix. The news follows on the heels of recent reports that Disney was considering a bid for social-media platform Twitter Inc.

While Disney already owns 25% of Netflix rival Hulu,  a Netflix acquisition would give the House of Mouse a global market-leading subscription VOD player and more than 80 million subscribers.

If the rumors prove true, the move would certainly shake up the media industry— stay tuned!

Organization Type: Business Enterprise
Article Type: Editorials
Industry: Digital Media/Entertainment
Focus: General Info
Location: Statewide
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