At any given time, there’s a lot of questioning and speculation revolving around the changes Disney CEO Bob Iger may make at the helm of the Walt Disney Company.
After all, the Walt Disney Company is at an incredibly unique point in its own history. As a whole, Disney Entertainment has acquired more media outlets, studios, and assets than ever before. Just twenty years ago, the idea of Disney owning everything from Marvel to George Lucas’s Star Wars to National Geographic would have been laughable, but it’s now the reality. But is it too much for Disney to handle?
Has Disney Bitten Off More Than It Can Chew?
Recently, the question of the Walt Disney Company being sold came up during the company’s Q3 Earnings call, to which the Disney CEO gave a noncommittal answer:
Obviously, anyone who wants to speculate about these things would have to immediately consider the global regulatory environment. I’ll say no more than that. It’s just – it’s not something that we obsess about.
This wasn’t a yes, but it also wasn’t a no. Bob Iger, who’s no stranger to the game, knew exactly what to say to answer the question without actually answering it.
Disney CEO Bob Iger Neither Confirms Nor Denies This Rumor…
And at the end of the day, we can see why CEO Bob Iger would want to be vague about this. Selling the Walt Disney Company, or even a portion of it, would be a massive decision, meaning huge changes for Disney as a whole. It’s not something that the Disney CEO would want to confirm nor deny during an earnings call.
That being said, it can’t be denied that the Walt Disney Company is entering an entirely new era, navigating uncharted waters, and things aren’t as solid as they once were for the Mouse’s empire.
That’s why it wouldn’t entirely surprise us, or the experts over at Cartoon Brew, if the decision was made to split the Walt Disney Company’s business apart.
It Wouldn’t Entirely Surprise Us if Iger Made the Big Decision to Sell…
According to Cartoon Brew, one of the biggest predictions is the idea that Disney could potentially take its collection of TV businesses (ABC, FX, Freeform, etc.) and “split them into a separate company.”
It’s also worth mentioning that once Disney sells this arsenal of TV businesses, the company would become a better buy for a company such as Apple or Alphabet (owned by Google).
Do we actually think this could happen? We’re not the ones to say so, but it’s definitely something to think about, especially when Disney executives and Bob Iger himself have been hinting at such a split.
Cartoon Brew points out that Bob Iger stated in a previous interview that the company’s collection of TV entities “may not be core to Disney.”
Why Would Disney Sell Itself Like This?
If you’re wondering why the Walt Disney Company would make this decision, you’re not alone. But the truth of the matter is that these TV businesses aren’t exactly serving to help the company. On the contrary, they’re hurting it.
By ridding itself of these businesses, the Walt Disney Company can shift its focus entirely onto its theme parks, it’s own entertainment industry, and of course, Disney Plus (stylistically Disney+). In fact, Bob Iger recently confirmed that these are the branches of the company that will create the most profit.