A news report just popped out today, where the big name in the tech industry is said to be in talks in purchasing Disney. The sum? A cool USD 287 billion (approx RM 1.3 trillion). Yes, that is billion with a B. The resulting company is expected to be worth USD 1 trillion (RM 4.4 trillion). That is a lot of money.

The report from Variety, a speculative analysis from RBC Capital Markets, which in a note to client Thursday said such a colossal tie-up would be contingent on Apple getting tax breaks to “repatriate” overseas cash. “Recently, investors have increased their expectations that Apple could seriously consider acquiring Disney,” RBC analysts Steven Cahall and Leo Kulp wrote in the note.

A combined Apple-Disney would create an instant competitor to Netflix that would take advantage of the Mouse House’s content and Apple’s user base, the anlaysts speculated. Other benefits: integrating Apple consumer tech as experiences in Disney’s theme parks; and landing global streaming sports rights for ESPN via the combo of Disney-backed BAMTech and Apple distribution and a strong balance sheet.

If this news is true, we may see the rise of a new media conglomerate, one that is born from the new generation of content producer and consumer, rather than the old guard. Of course right now the news is still a rumour, but we may just see this happen. What do you think of this news?

News sourced from Variety