Former Apple COO Jeff Williams Joining Disney's Board of Directors

These people always make me feel lazy. According to Google, Jeff Williams has a net worth of $259 million. Honestly, if I had a quarter of a billion dollars, I can’t imagine spending 200–300 hours a year serving as a Disney board member.

Then again, maybe that’s exactly why I don’t have a quarter of a billion dollars. 🤷‍♂️

Reading that list of board members explains why their stock is in the toilet. Every one of those companies is completely out of touch and disgustingly greedy.

Just look how well Mary Barra has handled tech at GM for example...

If the Netflix deal goes through, what are the chances Apple buys Disney?

Netflix would be terrible for Warner. And Warner would be terrible for Netflix, too. Both are losing viewership and Warner is also losing READERSHIP in its failing print businesses.

But trying to keep all those Warner properties...no, I think it would be a debacle similar to other huge acquisitions over the years, such as AOL's acquisition of Time Warner, Sears buying K-Mart (or was it the other way around? Either way, it was terrible for both), or the famous "merger of equals" Daimler and Chrysler.

All of those deals, and dozens more, were real stinkers that hurt consumers, the companies, the employees, and the taxpayers who always seem to be footing some guilded deal or another.

If the Netflix deal goes through, what are the chances Apple buys Disney?

I thought Paramount was going to make its own offer directly to the Warner stockholders. And it sounded like Paramount wanted to offer more than Netflix would have.

Disney, for its part, isn't fit for purchase by anybody....at least not in its current form. There are too many issues of toxic nature that have chased the customer base away from all of its properties, whether they are media or theme park related.

And don't forget, we are in the middle of a population crash throughout North America, the UK, and Europe. This will impact Disney for the worse because it has so much supposedly kid-centric IP throughout the enterprise. For anybody to want to buy Disney, they'd probably need to unload underperforming properties and IP, either right before or soon after any acquisition or merger involving Disney. Unless Disney can turn things around in the core businesses. But there's no evidence that leadership is either interested in or capable of doing the hard work of turning that battleship away from the fast-approaching sandbar.

That is a real promotion - from Cook to Donald Duck and Mickey Mouse 🥳

Follow the money