Home › Latest › Disney Eyes More Acquisitions, With A Focus On Digital Distribution
Disney make a splash last year when it acquired Maker Studios for at least $500 million to expand its position in online video, and its acquisition march is not done. It next target is likely to be something to further the company's distribution across digital networks, according to one executive at the company.
"I don't want to be predictive about our next acquisition but I will say we feel pretty good about the content we have, which includes the Star Wars Universe and Disney itself," said Jay Rasulo, the senior EVP and CFO of the Walt Disney Company, speaking on the Medialink keynote panel at CES in Las Vegas today. "[But] I think distribution is an area wouldn't be surprised to see us do something more."
Speaking to TC directly after the panel, Rasulo said that a social media startup would definitely count as distribution, but he declined to say anything about whether that acquisition might...
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