Author Topic: Apple buying Disney? A consultant explains why he thinks a deal is ‘frighteningl  (Read 1837 times)

Offline Reginald Hudlin

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Apple buying Disney? A consultant explains why he thinks a deal is ‘frighteningly obvious.’
 

BY MATT MCFARLAND June 25   

Apple’s success has started to become a problem. The company’s revenue and profits have grown so fast that it’s difficult for it to find new markets that will be large enough to ensure its revenues continue growing.

Apple has introduced a stock dividend and bought back shares to appease investors who question whether the world’s largest technology company by market capitulation is still a growth company.

Apple is expected to release a smartwatch this fall, which should provide a boost. But Francis McInerney, a consultant at North River Ventures, has another idea for how Apple can keep growing. Why not buy Disney?

“The logic is so great this could happen tomorrow,” McInerney said. “The two companies have an identical way of thinking in complementary markets. There’s nothing they do that competes with another. And yet combined this would be a powerhouse deal in the imagining.”

Although an Apple-Disney union has been the subject of Wall Street speculation for years, McInerney believes the shift of content to the cloud will force Disney to act.

“This changing structure, this Gutenberg-like tectonic shift  in human behavior based on the cloud’s ability to offer unlimited computing at marginal cost, says to Disney, ‘We’ve got to be on the platform to grow in the new space,’ ” McInerney said.

His argument doesn’t draw from any inside information of either company, just his own analysis of their cultures, their tendency to prepare well for the future and their needs to remain profitable.

McInerney imagines the two combined as a “Netflix on steroids,” in which Apple would benefit from finding ways to monetize Disney’s content offerings, and Disney would have a safe and profitable place in the emerging, unbundled world of TV and video to peddle its wares. Having Disney under the Apple umbrella would also be an asset if Apple ever launches a television set, which has been suggested for years but may not become a reality.


At the same time, there are plenty of good reasons to think this deal will never happen. Apple rarely makes splashy acquisitions. The $3 billion it recently paid for Beats is the company’s largest acquisition. Disney’s market cap is $143 billion, and its shareholders would expect a premium on top of that price. Apple currently holds $151 billion in cash and marketable securities, but the majority of that is offshore and would be taxed if brought back to the United States. Another question mark would be ensuring regulators approve the acquisition.

Both Apple and Disney did not respond to requests for comment.

McInerney — who calls this potential deal “frighteningly obvious” — is quick to point out that Disney chief executive Bob Iger sits on Apple’s board of directors. The companies appear friendly, but expecting them to join forces still looks like a giant leap.

Offline Hypestyle

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Re: Apple Buying Disney?
« Reply #1 on: June 26, 2014, 10:15:24 am »
Quote
The $3 billion it recently paid for Beats is the company’s largest acquisition…
Disney chief executive Bob Iger sits on Apple’s board of directors…

Hmm.. so is Dr. Dre set up to be on Apple’s board of directors?  Probably not, but there definitely needs to be some hip-hop generation folks on various corporate boards.

Regarding an Apple/Disney merger- I don’t know—  I could see Apple getting stingy with character licensing (just random speculation.)
Has Apple ever tried to develop their own videogame console to compete with the other systems?  They might as well.  Of course, it would probably be even more expensive than the most current models.
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Offline supreme illuminati

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First? That's a terrific article and good find, RH. Thanks for sharing. As a small businessman, I like to read this kind of stuff. Gets the creative juices going and notches my motivation to excel up even higher than previously.

Quote
The $3 billion it recently paid for Beats is the company’s largest acquisition…
Disney chief executive Bob Iger sits on Apple’s board of directors…

Hmm.. so is Dr. Dre set up to be on Apple’s board of directors?  Probably not, but there definitely needs to be some hip-hop generation folks on various corporate boards.

Regarding an Apple/Disney merger- I don’t know—  I could see Apple getting stingy with character licensing (just random speculation.)
Has Apple ever tried to develop their own videogame console to compete with the other systems?  They might as well.  Of course, it would probably be even more expensive than the most current models.



Dre, Jay-Z, and many other hip hop entrepreneurs not only should be represented in these blockbusters, we should make our own businesses and "blockbust" with them. Imagine what kind of potential can be uncovered in Africa, India, Brasil, and other international markets when combined with the nonstop innovation which has become the expected norm in the underground Black community.

Not just fashion and music. We could finally...finally...profit from our own ideas in tech and movie-making, medicine and sports business, and international commerce. Imagine RH not having to leap through Hollywood studio politics, but instead calling up some of our big $ peeps and bein like: "Shoot me madd millions so I can shoot the first Black studio and talent top to bottom superhero movie, and we will star Will Smith Denzel Beyonce Vivica Wesley Snipes plus a bunch of young new talent [ more women than men ] and make preposterous payola..." or whatever.

Imagine a Black Star Trek+Star Wars.

Imagine CJP and the heirs of McDuffie writing movie scripts to compete with the fare of Marvel Studios. We can do that. Easily. Imagine Redjack with a movie script contract. Imagine Maxine Shaw terrifying everyone with her own radio show and book deal.

We can really do this.

I'm very, very grateful for this article.

I betcha Michael Dorn would get his "Captain Worf" series done in a flash, if we just got out there and rocked our own.
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Offline Battle

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Re: Apple buying Disney?
« Reply #3 on: September 10, 2014, 10:12:48 am »
Imagine Maxine Shaw terrifying everyone with her own radio show and book deal.





heh heh heh heh...

Offline Battle

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Wedsnesday, 20th March 2019
Let's See Who Gets Axed To Leave
by Julia Boorstin


In a note to employees shared with CNBC, Bob Iger thanked members of both organizations on their "patience and perseverance" leading up to the acquisition.

He quickly turned to the road ahead, which he says will hold "the challenging work of uniting our businesses to create a dynamic, global entertainment company with the content, the platforms, and the reach to deliver industry-defining experiences that will engage consumers around the world for generations to come."


Some of those growing pains are likely to include layoffs, which are expected to be in the thousands, as Disney and Fox pare down duplicate staff.


Iger said the integration "will be an evolution, with some businesses impacted more than others."

Fox and Disney have overlap in their film production staffs.

The Disney-Fox deal follows another high profile media merger.

AT&T acquired Time Warner last year for $81 billion and has plans to launch a new streaming service later this year that will include HBO.

With Disney's acquisition, it hopes to build a compelling content library to compete with tech companies that are also keen on streaming, including Netflix, Amazon and Apple.






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https://www.msn.com/en-us/money/companies/read-the-memo-disney-ceo-bob-iger-sent-to-employees-after-closing-the-dollar71-billion-fox-deal/ar-BBV0D1Y?ocid=spartanntp

Offline Battle

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"The big stick...FOXY!"
Thursday, 21st March 2019
Jeanine Pirro's fox news Show Won't Air for Second Week

by Jeremy Barr


Judge Jeanine Pirro's Saturday night Fox News show will not appear as scheduled for a second straight week, according to the network's online programming calendar.

Instead of Justice w/ Judge Jeanine, Fox News will air Scandalous: The Trial of William Kennedy Smith at 9 p.m. on the East Coast, the same show that aired on Saturday, March 16.

Pirro, as first reported by CNN and confirmed by The Hollywood Reporter, has been suspended for suggesting on her March 9 show that Muslim congresswoman Ilhan Omar does not adhere to the U.S. Constitution because she wears a hijab.

Fox News has not confirmed Pirro's suspension. When asked last weekend about the pre-emption, a network spokesperson said,

"We are not commenting on internal scheduling matters."







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https://www.msn.com/en-us/tv/news/jeanine-pirros-fox-news-show-wont-air-for-second-week/ar-BBV4kVg?ocid=spartandhp

Offline Hypestyle

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Considering that she is of Lebanese descent (Pirro's her married name) she "should" have way more cultural empathy & awareness of women who choose to wear hijab.  Alas, her loyalty to hard-right-wing bullet points takes precedent, like a lot of her Fox peers.
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Offline Battle

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"The bigger stick...FOXY!!!"
Friday, 22nd March 2019
Without Major Sponsors, Tucker Carlson's Show Leans on Ads for Fox Programming

by Jeremy Barr


As blue-chip advertisers have abandoned Tucker Carlson's well-rated primetime show, his network has recently opted to keep things in the family, broadcasting a growing and increasingly sizable number of "house ads" for Fox News, Fox Nation, Fox television and Fox Sports programming in recent weeks, according to a Hollywood Reporter review.

In the two weeks leading up to Dec. 13, when Carlson said that immigration makes America "dirtier," Tucker Carlson Tonight averaged 1.33 house ads per show.

In the weeks that followed, Carlson's show lost at least 26 major advertisers, and the show has lost even more sponsors — including the sponsor SHEEX — since Media Matters for America first surfaced inappropriate comments Carlson made on a radio show between 2006 and 2011.

Since the progressive advocacy group published the first batch of comments, on March 10, the nine episodes of Tucker Carlson Tonight that have aired have included 6.2 house ads per show.

Ads for Fox programming have made up 34.8 percent of the show's advertising spots in that period, compared to just 3.7 percent in the period leading up to his December comment about immigration.

Overall, Carlson's ad load has fallen from about 36 per show to about 18 per show.

Adgate said that Fox News will have tough decisions to make about Carlson and host Jeanine Pirro, who is currently suspended and has already lost at least four corporate sponsors of her Saturday night show.
"Ultimately, it will come down to dollars," he said.








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Offline supreme illuminati

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And this? Is one of the few times that advertisers are STAYING AWAY. It's a testament to what we can do when we apply CONSISTENT pressures:

https://www.mediamatters.org/tucker-carlson/tucker-carlson-returns-fox-news-advertisers-are-staying-away

Carlson has almost 60% fewer ads per show than before advertisers started to flee

WRITTEN BY JORDAN UHL

PUBLISHED 08/19/19 5:07 PM EDT

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Fox host Tucker Carlson is returning to his show tonight, after an attempted cooling-off period for defending white supremacy and downplaying white nationalist violence in the wake of the El Paso, TX, mass shooting, but he'll be returning to one of the lowest number of paid advertisers since Tucker Carlson Tonight debuted.

Since December 2018, Carlson has lost over 70 paid advertisers. Over the past 11 days, at least five advertisers — HelloFresh, Nestle, SteinMart, Calm and SoFi — have removed their ads from Tucker Carlson’s show, and many more have quietly distanced themselves. One major Fox News advertiser, Long John Silver’s, was so frustrated that it removed its ads from the network entirely.

Fox News sent Tucker Carlson on vacation in hopes of stemming the tide of advertiser losses. Instead, advertisers have only increased the drop rate in order to get off the show (and some off Fox News entirely)

“Fox News sent Tucker Carlson on vacation in hopes of stemming the tide of advertiser losses,” tweeted Angelo Carusone, president of Media Matters for America. “Instead, advertisers have only increased the drop rate in order to get off the show (and some off Fox News entirely) before Tucker is [scheduled] to return.”

Through the cooling-off period, Fox has been trying to show advertisers that it’s safe to come back. But Fox’s programming, even in Carlson’s absence, has further exposed that the bigotry is not limited to Carlson -- it’s networkwide.

Carlson has seen his nightly paid ad load plummet from a high of 36 paid ads each night in October 2018 to averaging 15 per episode in August 2019.

“Network figures going on sudden vacations” is a commonly employed tactic by Fox used to distract the public, mitigate public outrage, and prevent advertisers from fleeing. With this “vacation,” Fox News is hoping everyone, especially advertisers, forgets what happened. Fox’s PR team then works overtime trying to spin the media narrative, claiming that everything is fine and that pressure campaigns don’t work. Despite those efforts, many observers quickly noticed the negative changes to Carlson’s ad breaks -- including losing an entire break, leaving the show with only four -- and observed that the network is heavily relying on in-house promos and PSAs, as it has done when other hosts have faced similar mass exoduses.

Tucker Carlson ad loss through August 2019
To understand why the vacation tactic doesn’t work, it’s important to remember how we got here.

On December 13, 2018, Carlson opened his show with a racist and xenophobic monologue in which he said immigrants make America “poorer and dirtier and more divided.”

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TUCKER CARLSON (HOST): Our leaders demand that you shut up and accept this. We have a moral obligation to admit the world's poor, they tell us, even if it makes our own country poorer, and dirtier, and more divided. Immigration is a form of atonement.

Previous leaders of our country committed sins -- we must pay for those sins by welcoming an endless chain of migrant caravans. That's the argument they make.

...

What is more predictable is how leaders of the caravan are starting to talk. Suddenly, they sound like community college professors from Long Beach. Entitled, cut off from reality, and highly aggressive.

Yesterday a group of leaders of the caravan marched into the U.S. consulate in Mexico, and demanded $50,000 to return to their own countries.

Huddled masses yearning to breathe free? Nope, cynical shakedown artists who have been watching too much CNN.

No surprise there. When rich liberals tell you that America owes you a comfortable life, nobody should be shocked when you believe them.

Immediately following that segment was an ad for Pacific Life. When reached for comment, the insurance giant quickly denounced Carlson’s comments and said it wouldn’t be advertising on his show anymore. Instead of apologizing or clarifying, Carlson doubled down.

On January 2, Carlson kicked off the new year with a misogynistic rant attacking career-oriented women, claiming that when women make more money than men, that leads to “more drug and alcohol abuse [and] higher incarceration rates.”

These two controversies sent shockwaves through his ad breaks. Companies soon realized the risks associated with advertising on his show, fearing their brand would be the next one juxtaposed with an offensive viral moment. It became a race not to be last.

Over 30 advertisers publicly dropped Tucker Carlson Tonight during those few weeks.

In March 2019, Media Matters uncovered recordings of a radio show in which Carlson defended statutory rape, called Iraqis “semiliterate primitive monkeys,” and used offensive and misogynistic language to demean women.

This news spurred another wave of advertiser drops, with most of Carlson’s remaining blue-chip sponsors -- including Outback, Capital One, and AstraZeneca -- finally separating themselves from his show. By this point, Carlson’s ad breaks had already shrunk and the network became reliant on in-house promos to fill time.

Things went from bad to worse in early August, when a white supremacist fueled by xenophobic and racist rhetoric -- similar to views Carlson espouses on his show -- opened fire at an El Paso Walmart and specifically targeted Latinx people, killing 22 and wounding 24 more. Just two days after the horrific attack, Carlson claimed white supremacy is “actually not a real problem in America” and that calling it a serious issue is “a hoax” and “conspiracy theory used to divide the country.”

Another wave of advertisers fled as his comments were widely panned (while also drawing praise from former KKK Grand Wizard David Duke). Several more brands left, including Long John Silver’s, which announced it was dropping Fox News entirely.


Angelo Carusone

@GoAngelo
 CONFIRMED: Long John Silver will no longer advertise on Fox News.

In 2018, Long John Silver ran ads on Fox almost every day; they advertised heavily for the first portion of 2019. In April declined to renew contract and to avoid Fox News going forward. Today they confirmed to me

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Meanwhile, Carlson’s trip fooled few:


Six advertisers left while Carlson was off the air. And as he returns, one thing can be certain: Nothing about his show will change. The pattern of behavior is clear and well-documented. Advertisers are already well aware of his behavior. He won’t return as a reformed man who has changed his ways. He’ll still be the incendiary opinion host white nationalists cherish.

The question for the few remaining advertisers is whether they want their branding on his show."
"
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