Latest in Culture

Image credit:

Disney is reportedly considering a bid for Twitter

Add it to the list of potential suitors that's said to include Google, Microsoft and Verizon.
Billy Steele
September 26, 2016
Share
Tweet
Share

Sponsored Links

CNBC reported late last week that Google and Salesforce were interesting in buying Twitter. TechCrunch followed that up with its own report that the list of potential buyers included Microsoft and Verizon. The latest company to be mentioned as a potential suitor is Disney. Bloomberg reports that the company is working with financial advisers on a possible bid for the social network.

Details are scarce for now, but Bloomberg says Twitter has started the process of evaluating bids. The move would make a lot of sense for both sides if Disney were to acquire Twitter. Disney's entertainment portfolio includes Walt Disney Studios, Marvel, Lucasfilm, Pixar and more. It also owns ABC and a majority stake in ESPN with investments in A+E Networks, Vice Media and Hulu. Disney made a $1 billion investment in BAMTech this summer, the arm of Major League Baseball's Advancement Media division that powers streaming tech for the likes of HBO Now.

Disney followed up that news by clarifying that it was working on a "direct-to-consumer" option for ESPN that wouldn't require cable. As much as Twitter has been pushing video streaming as of late, the combination of the social network and the media company could make quite the pair. In fact, Twitter is already using BAMTech to power its weekly NFL streams. What's more, Twitter's CEO Jack Dorsey is also on the board of Disney.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Comment
Comments
Share
Tweet
Share

Popular on Engadget

Rain may soon be an effective source of renewable energy

Rain may soon be an effective source of renewable energy

View
Apple makes some of its originals available for free

Apple makes some of its originals available for free

View
What’s good about Amazon’s Fire TV Stick?

What’s good about Amazon’s Fire TV Stick?

View
Google Meet’s premium features are now free through Sept. 30th

Google Meet’s premium features are now free through Sept. 30th

View
The best games for PC

The best games for PC

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr