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The House of Mouse eyes Netflix and Twitter 07 October 2016

We have been hearing a lot about Disney trying to put its eyes on the Twitter deal and shares according to the MarketWatch reports went really high for the house of mouse company and points down for the social media giant. Further to this news, it is very much in rumors that Disney is considering buying Netflix now.

Just when the spread came about this big merger, Disney share prices again went high up by 4.1% in active trading on Monday. To the rumors, Netflix said they won’t comment and Disney didn’t reply back. Come what may, it is going to be interesting to see the the house of sports take its initiatives into the world of video streaming.

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Roshan Dwivedi

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