A news report on December 7 very much claimed that Disney had acquired TikTok for an amount equal to $100 billion. This story is directly from Mouse Trap News published on their official website and also on their Instagram page on Saturday.
“The court order says TikTok must either be bought by an American company or completely shut down within the next day,” it stated. The website further added that the acquisition of TikTok by Disney would mean that the social media app wouldn’t be banned permanently. This was reportedly Disney’s largest acquisition to date, with the previous highest being a purchase of 21st Century Fox in 2019 for $71.3 billion.
Mouse Trap News reported that Disney’s acquisition interests were the “expansion of their ever-growing portfolio of companies and the publicity for their advocacy.” The same media further listed the numerous plans that Disney has in store for TikTok, including, “They will create a paid subscription service like Disney+ where people can pay to watch ad-free content.”
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It also says that in case of someone’s demise in a Disney theme park, while using TikTok, Walt Disney Company would not be liable for it. But this news is purely fictitious. At last, the Mouse Trap News article said, “More very real Disney news like this made-up story” and insisted followers get hooked to all of its social media accounts.
Mouse Trap News’s ‘About’ page reads, “Mouse Trap News is the world’s best satire and parody site,” Clearly, thus, Disney has not acquired TikTok at $100 billion.
Mouse Trap News just attached a picture of Disney CEO Bob Iger to their Instagram post to add to the credibility of the story. But it should be noted that Bob Iger has not made any such announcement in recent times nor Disney is releasing any statements related to TikTok to purport.