Disney To Defeat Saudi Arabia for New Acquisition?

The Walt Disney Company is going through a challenging time at the moment. With the return of Disney CEO Bob Iger to clean up the mess the Mouse House finds itself in. Between a massive reorganization that includes 4000+ person layoffs, and top Disney executives being asked to leave. In the midst of all this, there’s an update to news that we shared a few months ago; there were rumors going around that the Walt Disney Company was going up against Saudi Arabia for another acquisition: that of WWE. It seems Disney might just be a front-runner for the deal.

Read More: Disney Might Take On Saudi Arabia in Upcoming Deal

Per odds shared by Bookings.com, it seems that the Walt Disney Company and its rival, Comcast, are the two top favorites to buy the entertainment property with Comcast coming in the lead. After the two entertainment giants are Amazon, and Endeavour following up the list.

Interestingly, while a few months ago, it seems Disney was going to be going up against the Public Interest Fund of Saudi Arabia, per the most recent update, it appears the Middle Eastern country is no longer looking to purchase the entertainment company.

WWE—World Wrestling Entertainment—has been owned by the McMahon family for decades now, so if this deal does go through it would certainly be history in the making. As Wrestling, Inc reported, “Vince McMahon returned from his hasty ‘retirement’ earlier this year to facilitate the sale of WWE, with a current asking price rumored to be around $9 billion.”

While adding WWE to the Walt Disney Company’s properties would be interesting for the Mouse House, it seems unlikely considering that Disney CEO Bob Iger has expressed multiple times over that the company is looking to cut back expenses and has even mentioned selling Hulu is on the table.

It will certainly be interesting to see how this deal plays out both for WWE and for Disney if it turns out the Mouse House buys the sports entertainment company.