Disney CFO cools Netflix, Twitter speculation
January 6, 2017
Disney CFO Christine McCarthy has seemingly cooled speculation that Disney would pursue an acquisition of Netflix or Twitter.
Speaking at the Citi Internet, Media and Telecommunications Conference, McCarthy called Pixar, Marvel and Lucasfilm the “tentpoles” of Disney’s M&A strategy in response to a question about whether investors could expect a “transformative” acquisition from Disney in 2017.
“Nothing has changed about our M&A strategy,” McCarthy said.
Other posts by :
- Arianespace to offer ‘rideshare’ launches
- Space industry warns Europe must do more
- Banks increase SpaceX forecasts
- Orbex bankruptcy details released
- South Korea confirms LEO plan
- Bank: “SpaceX should lobby for an MVNO”
- New Glenn amends pre-launch methods
- Iridium deal a “watershed” moment for Rocket Lab
