Did Disney acquire TikTok in discreet $100bn deal?

Reports of Disney acquiring TikTok quietly in a $100 billion deal have sparked concerns among users of the short-video platform, with many wondering about the potential impact on TikTok's content, privacy policies, user experience, and more. 

The news was brought to light by Mouse Trap News, stating on its official Instagram page and website: "This comes only a day after the court ruled that TikTok needed to be bought by a company in the US or banned permanently."

The report described this deal as Disney’s largest purchase to date, exceeding the $71.3 billion spent on acquiring 21st Century Fox back in 2019. 

The publication further mentioned the reason behind Disney’s alleged acquisition. "Increase their ever-expanding portfolio of companies and promote their propaganda," it added. 

"They will roll out a paid subscription service like Disney+, where people can pay to watch ad-free content," the outlet outlined Disney's supposed plans for TikTok. 

It's worth noting that the entire acquisition saga is based on rumours and hearsay. Unless the multinational multimedia giant confirms, the supposition of Disney buying TikTok for $100 billion is hard to rely on. 

While the news outlet included an image of Disney CEO Bob Iger to instil credibility in the story, neither Bob Iger officially announced such a deal nor has Disney issued any official statements regarding any purchasing.