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Disney CEO Bob Iger on Apple Merger Rumors, “Pure Speculation”

Newly reappointed Disney CEO Bob Iger held a townhall meeting on Monday and addressed a laundry list of topics, according to the New York Post.

During Iger’s town hall meeting, the CEO addressed the future of hiring, possible merger of Disney and Apple, corporate restructuring, and more.

Disney’s biggest focus will be on making their streaming platforms profitable. Under the previous regime of Bob Chapek, the priority of the streaming platform Disney+ was to grow the subscriber count. Overall, Disney +, Hulu, and ESPN+ lost $1.5 billion in the 4th quarter.

On the rumors of an Apple and Disney merger, Iger says the talk is “pure speculation.”

Iger also plans to address the pricing of Disney parks. Last week, Iger commented on how expensive the parks have become. Under Chapek’s run, Disney World prices were as high as $189 per person.

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Ruben Jay
Ruben Jay
Ruben Jay is an American broadcaster, media blogger, and podcast host. Currently, Ruben is the President of MultiMediaMouth.com and the executive producer and host of the popular podcasts You’re My Best Friend and ON AIR with Ruben Jay, exclusively on MultiMediaMouth.com. Follow Ruben on Instagram, Twitter, and Tiktok @TheRubenJay.

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