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RUMOR: Disney to buy stake in Apple's iTunes Store - MacDailyNews - 2/10/06

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  • RUMOR: Disney to buy stake in Apple's iTunes Store - MacDailyNews - 2/10/06

    RUMOR: Disney to buy stake in Apple's iTunes Store, could be preface to iTunes Store IPO

    "We are hearing some chatter this morning about Apple Computer (AAPL) that we can't confirm, but found interesting nonetheless. The rumor is that Disney (DIS) could buy a stake in AAPL's iTunes, which could then be a first step towards an iTunes IPO. This is a new one to us, and this type of AAPL/DIS rumor could be motivated by the fact that Steve Jobs will be on the DIS board following its acquisition of PIXR. Some of the initial feedback we heard on this was skeptical, so again, just passing this one along," Briefing.com reports.
    Full Story: http://macdailynews.com/index.php/weblog/comments/8552/
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