Stories
Slash Boxes
Comments

SoylentNews is people

posted by martyb on Tuesday September 27 2016, @02:03AM   Printer-friendly
from the bids-limited-to-140-chars dept.

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.


Original Submission

 
This discussion has been archived. No new comments can be posted.
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
  • (Score: 3, Informative) by DeathMonkey on Tuesday September 27 2016, @05:50PM

    by DeathMonkey (1380) on Tuesday September 27 2016, @05:50PM (#407045) Journal

    Clinton strongly supports net neutrality [wikipedia.org].[494][495] Senator Clinton was a cosponsor of the Internet Freedom Preservation Act, also known as the Snowe-Dorgan bill, as an amendment to the Telecommunications Act of 1996, that protects network neutrality in the United States. The bill aims to protect internet consumers and small businesses from Internet service providers charging large companies different amounts for Internet access than smaller customers. Clinton has stated that the Internet must continue to use an "open and non-discriminatory framework" so that it may be used as a forum where "views are discussed and debated in an open forum without fear of censorship or reprisal".[496] In 2007, she stated, "I support net neutrality... [The Internet] does not decide who can enter its marketplace and it does not pick which views can be heard and which ones silenced. It is the embodiment of the fundamental democratic principles upon which our nation has thrived for hundreds of years."[496] While secretary of state, Clinton delivered a major speech (entitled "Remarks of Internet Freedom") in January 2010, declaring that "We stand for a single Internet where all of humanity has equal access to knowledge and ideas."[497] In her 2016 platform, Clinton proposed to defend and enforce "the FCC decision under the Obama Administration to adopt strong network neutrality rules that deemed internet service providers to be common carriers under Title II of the Communications Act."[494][495]

    Starting Score:    1  point
    Moderation   +1  
       Informative=1, Total=1
    Extra 'Informative' Modifier   0  
    Karma-Bonus Modifier   +1  

    Total Score:   3  
  • (Score: 0) by Anonymous Coward on Wednesday September 28 2016, @09:00AM

    by Anonymous Coward on Wednesday September 28 2016, @09:00AM (#407293)
    The only things clinton 'strongly supports' is whatever she was paid to support.
    Until the other side pays more.