Disney’s latest attempt to ensure relevance in the digital age could include laying down a big chunk of change to acquire Netflix, according to rumors on Wall Street.
This isn’t the first web-based company Disney has sought out. Just last week, news broke that Disney had entered into talks with Twitter, seeking to acquire the social media platform.
For Disney, the main appeal of both companies is their streaming capabilities. As more people cancel cable subscriptions in favor of online streaming, Disney, one of the largest entertainment companies in the world, is searching for ways to boost its digital brand. – READ MORE
