Home / World Business
Wed, Jul 11, 2001 - Page 21　News List

Pressure builds for Walt Disney to find a partner

MEDIA Following the merger between AOL Time Warner and Comcast's bid for AT&T's cable unit, the second-largest media company may also need to start seeking an acquisition

BLOOMBERG , BURBANK, CALIFORNIA

"Microsoft is a software company," he said. "That doesn't make sense with a media company."

Some analysts said a Comcast-AT&T union wouldn't change Disney's situation.

"I don't think [Comcast-AT&T] changes the competitive landscape for Disney," said First Union Securities analyst Scott Davis, who rates Disney a "strong buy." Disney "certainly doesn't have to do a cable [system] play."

This story has been viewed 2191 times.
TOP top