10 Reasons Why Disney's Fox Takeover Is Terrifying
7. Disney Is Basically Indestructible
With the acquisition of Fox, Disney’s total worth is somewhere in the region of $145 billion, and even though that doesn’t even crack the list of the world’s twenty richest companies, it’s now too big to fail.
As well as its total net worth, Disney now has so many brands and subsidiary companies in different areas of the media industry that it can survive pretty much anything. One of the smaller divisions like Fox or Marvel could easily crash and burn (Marvel came close to bankruptcy in the 1990s after all), but those failures would barely make a dent in the parent company.
Particularly since the Marvel and Star Wars brands have already paid for themselves in box office revenue, and that Disney even has some ownership of its competitors, like the acquisition of 40% of Nickelodeon UK (a subsidiary of Viacom) through its controlling stake in Sky.
Hoping for the collapse of a business you have no connection to is childish at best, but it’s just good business for a company to be accountable for its failures. The complacency that comes from a business being too powerful (especially in media) leads to ridiculous decisions.
Why else do you think former Amazon Prime executive Roy Price managed to keep his job for so long despite a series of business decisions that cost the company millions of dollars, and a shot at multiple Emmys and Golden Globes?