SoylentNews is people
SoylentNews
Not content with Marvel and Lucasfilms, Walt Disney Co. is evaluating a possible bid for Twitter:
Speculation that Twitter will be sold has been gathering steam in recent months, including last week's news of Salesforce's interest, given the social-media company's slumping stock and difficulties in attracting new users and advertising revenue. Disney, the owner of ABC and ESPN, could obtain a new online outlet for entertainment, sports and news. Jack Dorsey, chief executive officer of Twitter, is on the board of Disney.
[...] "It's a video distribution play," said James Cakmak, an analyst at Monness Crespi Hardt & Co. "What Disney has to think about is what is its place in a post cord-cutting world. They are investing in technology for distribution -- and this would give them the platform to reach audiences around the world."
Disney Chairman and Chief Executive Officer Bob Iger has a reputation as a strategic thinker with an appetite for bold bets, such as the $7.4 billion acquisition of animation studio Pixar in 2006, just months after he became CEO. With Disney's largest business -- cable TV -- losing viewers and facing more competition from online video services, Iger has invested in technology-related media businesses, including the Hulu video streaming service, digital media company Vice and Major League Baseball's BAMTech, which provides the platform for online video services such as HBO Now. Twitter has also partnered with with BAMTech for its live streaming.
(Score: 3, Touché) by Phoenix666 on Tuesday September 27 2016, @05:25PM
For the longest time when my kids were younger I felt the absence of the Disney movies I loved when I was a kid, on services like Netflix and Amazon. Then recently I re-watched passages of Snow White and Sleeping Beauty, and you know what? They weren't classics. They only seemed that way to me as a kid because I didn't have a sufficiently broad context to judge them properly. Modern animations like "Home" are better than the Disney "classics." Better written, better animation, better messages, too. A few movies have stood the test of time. The Black Stallion is as good today as it was then. Even Disney's Fantasia is. But it's not worth tying ourselves in knots over with crippleware (DRM) or draconian IP law. Storytelling is an essential part of what humans do, and as long as there are humans they will tell stories and a few of them will even be great ones.
Washington DC delenda est.