Disney Might Buy Twitter?

The newest contestant in the race to buy Twitter is supposedly Walt Disney.

Disney has become the latest high-profile company to show interest in Twitter, according to a report from Bloomberg.

They're the latest company to potentially join the bidding war for Twitter, a social media giant currently valued at around $20 billion. Disney's rumoured acquisition of Twitter wouldn't be out of the ordinary, as the company has a history of investing in digital media companies, like Vice and Hulu.

It would also - kinda - make sense, seeing as though Twitter's co-founder Jack Dorsey is on the actual board of the Walt Disney Company.

From (high-up) people I've spoken to internally at Twitter, I've always heard Disney is the dream suitor. https://t.co/CBAqGaLe2Q

— Nick Bilton (@nickbilton) September 26, 2016

Twitter's user growth has plateaued and revenue growth as stalled, but an acquisition by Disney would help reinstate investor confidence. This definitely seems to be the case, given Twitter's stocks soared by about 21 per cent on Friday, when the rumours first came out.

There have been mixed reactions to the possibility of Disney buying Twitter. Naturally, these opinions were also voiced on Twitter.

Disney is thinking of buying Twitter, which would really change the plot of the Trolls movie.

— Aaron Wiener (@Wieneraaron) September 26, 2016

Who knows, maybe the new Twitter logo will be Tinkerbell?

Photo: iStock