$DIS · The Motley Fool · 2026-10-30
暂无中文摘要，仅英文原句可核对。
逐段跳播
迪士尼至少投资过 Epic Games 一次，也许好几次。他们拥有该公司约9%的股份。不过，游戏一直是他们想进入的领域。如果他们真的想做一笔大交易，他们会给出好价钱。20美元意味着该公司在二级市场估值在120亿到140亿美元之间。
假设他们出价20美元收购 Epic，谁会说不？我认为两家公司的股东都会说不。而且由于 Epic Games 是私营公司，这只是一小部分人的事。也许他们可以围坐在咖啡桌旁、小桌子旁做出这个决定。
然后会说不行。这对两家公司都不合理。不过想想也挺有意思。从 Epic Games 的角度看，我认为他们的全职工作就是授权虚幻引擎和开发《堡垒之夜》系列。我对迪士尼也有同样的看法。
迪士尼股东希望就他们希望未来发生什么做出坚定的决定。就我个人而言，我认为他们在长期投资和商业体验领域的资本支出方面错过了一些机会。流媒体业务相当艰难。这不容易，也许 Netflix 的黄金时代已经结束，但迪士尼现在也没有能力利用这一点。
每个人都受到人们取消订阅和疲劳问题的困扰。我不确定现场活动或体育授权是否是流媒体公司的真正解决方案。所以，我认为两家公司都面临艰巨的任务。但是，哪一方可能更不高兴？我认为是 Epic。
Epic 的粉丝和员工听到这样的合并会感到震惊，我认为迪士尼股东也会说：“别给我们来这套，你们已经有得忙了。”是的。那是另一回事。别再给我们添更多操心事。
Disney has invested in Epic Games at least once, maybe several times. They own about 9 percent of the company. However, gaming has always been something they have wanted to get into.
If they really want to make a big deal , they will offer a good price. $20 means the company is worth 12 to 14 billion on the secondary market. Let's say they offered $20 for Epic.
Who would say no? I think the shareholders of both companies would say no. And since Epic Games is private, it's only a matter of a few. Perhaps they can make this decision sitting around a coffee table, at a small table.
And will say no. This is not reasonable for either company. It's fun to think about it, though. From an Epic Games perspective, I think their full-time job is licensing the Unreal Engine and working on the Fortnite franchise.
And I think the same thing about Disney. Disney shareholders want to make a firm decision about what they want to happen in the future. Personally, I think they missed some opportunities for capital expenditure in the long-term investment and business experience sectors.
The streaming business is pretty tough. It's not easy, maybe Netflix's golden days are over, but Disney is not in a position to take advantage of that now either. Everyone is suffering from the issue of people's subscriptions being cut and fatigue.
I'm not sure if live events or sports licensing is the real solution for streaming companies. So, I think there is a tough task ahead for both companies. But, which group is likely to be more upset?
I think it's epic. Epic fans and employees would be shocked to hear about such a merger, and I think Disney shareholders would also say, "Do n't give us that, you guys have a session."
Yes. That's another matter. Do n't give us any more things to worry about.
这个频道对 $DIS 的历次判断
The Motley Fool 在这只股票上共 4 条判断，这里只列相邻的几条。