The gaming world is abuzz with whispers and wild speculations. There’s another juicy rumor that has spread across the industry: Bob Iger is selling Disney. Yes, the entertainment behemoth is likely to be available on the market soon. This might mean that the rights to one of the most beloved superheroes of all time, Spider-Man, will also be up for grabs. If the rumor of Bob Iger selling Disney is true, there can’t be a perfect moment than now for Xbox to acquire the rights to Spider-Man’s character.Â
What is the Disney Rumor all about?
Disney CEO Bob Iger has been managing this entertainment giant for years. He has played an instrumental role in taking Disney to new horizons and even helping it add powerhouses like Pixar, Marvel, and Lucasfilm to its portfolio. However, the winds of change seem to be blowing. Iger recently resumed his position as CEO and gave potential indications on CNBC last week.
Rumour: Disney CEO Bob Iger is Considering Selling Disney Assets, he may sell all of Disney.
Hopefully Xbox secures gaming rights to some Disney properties. pic.twitter.com/uZg7lRKrxJ
— PeterOvo (@PeterOvo5) July 18, 2023
Iger’s announcement on Disney’s linear TV holdings on CNBC last week set the ball rolling:
“They may not be core to Disney. Yeah, there’s clearly creativity and content that they create that is core to Disney, but the distribution model, the business model that forms the underpinning of that business and that has delivered great profits over the years, is definitely broken. And we have to call it like it is, and that’s part of the transformative work we’re doing.”
Bob Iger, CEO of Disney, is rumored to sell Disney.
Iger also announced that Disney is selling about a third of its company, specifically its TV networks ABC, FX, and Freeform, as he considers them noncore assets. pic.twitter.com/2a5ctUI75F
— Pop Tingz (@ThePopTingz) July 17, 2023
Iger declared Disney’s linear TV assets non-core this week. Long story short, he effectively put almost a third of the corporation up for sale.
What can be the reason? Disney’s current financial situation.
- The company’s streaming ambitions with Hulu and Disney Plus are not surging as expected.
- Their streaming business is expected to register a $800 million loss in the just-ended third quarter.Â
These financial hiccups, challenges, and ongoing transition to digital offerings point fingers at only one thing – Bob Iger is looking to sell Disney.
Who could be the prince charming to rescue Disney from its financial distress? Rumors say it is Apple as the tech giant has started getting into the entertainment industry with its Apple TV+ service. Acquiring Disney could give them a massive advantage.Â
However, these are still unconfirmed rumors, and it is hard to imagine Iger, who has always been a builder, selling Disney to anyone.
The possible aftermath of Bob Iger selling Disney
Disney’s potential sale could have significant implications for the gaming industry. Disney owns the rights to many characters, including the internet and comic book sensation Spider-Man.
- Spider-Man’s game issues have never failed. From the early days of pixelated web-slinging to the recent Insomniac Games developed PlayStation-exclusive games – Spider-Man has been a constant presence in the gaming world.
- The potential sale of Disney could throw a wrench into the web slinger’s future in the video gaming world, raising questions about who would hold the gaming rights to the character.
Xbox and Spider-Man Gaming rightsÂ
Xbox is also on a shopping spree, acquiring gaming studios left and right. With its deep pockets and a desire to strengthen its gaming portfolio, Xbox could be a potential contender for acquiring gaming rights since its fans have always requested developers to get the character on the platform.Â
- Its biggest competitor, PlayStation, has been responsible for putting out Spider-Man games in recent years.
BREAKING: CEO Bob Iger Considering Selling Streaming Services and Other Assets, May Even Try to Sell Entire Disney Company
Perfect timing 😈 pic.twitter.com/DslSx5YDCf
— Xbox_Serious_X|S 🇺🇸 (@Xbox_Series_XS) July 18, 2023
- This means Spider-Man’s character acquisition will give Xbox a hot-selling character and an upper hand against its biggest competitor. It could also pave the way for new Spider-Man games on Xbox, opening up exciting possibilities for gamers.
No matter how challenging or expensive this deal can be, the potential benefits could outweigh the challenges. If the rumor that Bob Iger is selling Disney turns out to be true, then now is the time for Xbox and Microsoft to sweep in.
Closing Thoughts
While Bob Iger selling Disney’s TV assets is being labeled as transformative for Disney, it will be equally the same for the purchasers, especially if Xbox enters the pool. Last time in 2014, Xbox’s game title for web-slinger, The Amazing Spider-Man 2, saw massive success. Since then, Microsoft has been looking for ways to get their hands on the Marvel character.
For more content, stay with us here at Spiel Times. Make sure you subscribe to our push notifications and never miss an update. You can also follow us on Spiel Anime, Twitter, Instagram, and YouTube. Until next time!
