Disney shareholders are proposing to buy Activision Blizzard at the right time and join forces

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 Disney shareholders are proposing to buy Activision Blizzard at the right time and join forces


Author: J1ang

According to Bloomberg, the stock price of Activision Blizzard has been falling in the past few months. Some people speculate that Activision Blizzard may become a target for acquisition, while Disney investors believe that Disney should buy Activision Blizzard.

Nick Licouris of Gerber Kawasaki Finance believes that Disney should become a buyer. There is a potential benefit between the growing competitive business of Motion TV Blizzard and Disneys television network. He also believes that this is an opportunity to expand Disneys film and visual identity.

Nick Licouris said in an interview: Ideally for investors, its the hope that they can achieve this goal. Gerber Kawasaki owns about 90,000 Blizzard shares, worth about $4.3 million, and about 152,000 Disney shares, worth nearly $22 million.

Disney has a bad history in the game industry. It has acquired game developers such as Playdom and Club Penguin and launched a game platform called Infinity. But after hundreds of millions of dollars in losses, Disney has turned to companies such as EA to make games in their roles for a certain copyright fee.

In February, the CEO of Disney said on a conference call with investors: We believe that our best position in this area is to authorize, not to issue games.

Licouris also mentioned that Disney had signed several years of broadcasting rights agreements with Blizzards Watch Pioneer league, which might make the relationship closer, and Disneys ability to tell stories could provide ample opportunities.

Activision Blizzard currently has a market capitalization of nearly $37 billion, and neither Disney nor Activision Blizzard has responded.

Source: Wangfengzhi_NT2541