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Not to mention, these other comments are for Disney. However, Disney is propping their business up with lots of other businesses. If you are going to make Amazo
by mulletbum 4y ago
Not to mention, these other comments are for Disney. However, Disney is propping their business up with lots of other businesses. If you are going to make Amazon less competitive, you can't leave the giant business next to it in a better position. Disney will just buy it then.
- runako 4y agoThis is such a great point. Disney makes a lot of money in theme parks etc.; Walmart makes something like $42B annually in healthcare; Costco sells cars & travel packages; Kroger sells gas (petrol); Apple (also a competitor) makes most of its money selling phones. Why leave all those businesses intact and target Amazon?
- runevault 4y agoFrankly among the not-tech-first companies Disney is the one that should most be targeted. The fact they were allowed to buy LucasFilms and Fox media (minus Fox News and Fox Sports because they already own ABC and ESPN) was so stupid. The year before those purchases the collected movies of those 3 were most of the top movies at the box office.
- danaris 4y agoWhy, in this hypothetical, would the antitrust bodies see Amazon as needing to be broken up or otherwise restricted to improve competition, but not see acquisition by Disney as being something they should block? That just doesn't seem internally consistent.
- pclmulqdq 4y agoDisney's business lines are pretty synergistic. You have a media company, at its core, that provides other entertainment (theme parks) related to its IP, sells merchandise, and runs 3 different online distribution platforms for the media companies. The Disney corporation is built around exploiting the rights to these media IPs to the fullest. In contrast, Amazon is the online version of Walmart that can also sell you computing time and makes feature films which are just a perk of their "fast shipping" club. There's a pretty clear distinction here, even with one of the other mega-conglamerates (disney) that probably owns too many different content production units.