Disney and EA
Last weekend, in the Wall Street Journal's "Heard on the Street" column, Martin Peers advised Disney to buy Electronic Arts.Okay, I was early (January 19, 2005):
And I have to believe that Disney is the obvious choice for the suitor. Disney, through ESPN, is heavily into sports already. They're losing Pixar, which is a huge blow to their credibility, since Pixar has been responsible for whatever brilliance Disney has left. Who better to make a move on Electronic Arts and then claim that they're being "visionary" again?
Now here's the part that blows that pseudo-visionary moment:
I wouldn't be surprised at all if this happens in 2005. I would be very surprised if it doesn't happen by the end of 2006.
Damn. That first excerpt sounded so good, too. It's like eating a delicious cheeseburger of self-congratulations and finding a bone on your third bite.
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