Monday, April 28, 2014

Disney Toyed With The Idea of Buying Buzzfeed

Viral news site Buzzfeed is so hot, Disney reportedly thought about bringing it into Mickey's house. However the pursuit stopped after Buzzfeed slapped a $1billion price tag on itself. That seems to be the popular asking price set by websites/apps looking to be acquired.

Disney has shown it is not shy in paying for major media brands, buying pixar in 2006 for $7.4 billion, Marvel in 2009 for $4 billion and Lucasfilm in 2012 for $4 billion. Those moves have given Mickey Mouse plenty of company with a wide variety of intellectual property.

source: mashable


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