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Report: Apple Is Interested In Buying Disney

Disney CEO Bob Iger has reignited speculation that he intends to sell the entertainment company to Apple — following last week's earnings call. Iger told shareholders that the company is debating a variety of strategic options for how to deal with its current ownership of old school television network ABC and cable networks like FX and National Geographic. Iger went even further on CNBC, suggesting that, in the age of cord-cutting, these legacy TV channels “may not be core to Disney.” That would leave a streamlined Disney holding just the cherished characters and intellectual property that Apple would want for its platforms: Marvel superheroes, Disney princesses, Pixar's creations and the entire Star Wars galaxy.

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