A bombshell claim from a former Disney Imagineer has resurfaced online, alleging that Disney explored the possibility of acquiring Nintendo in 2016. The claim, made in a YouTube interview (linked here), suggests then-CEO Bob Iger and Disney leadership “seriously considered” purchasing the gaming giant. However, the source’s proximity to Iger and Disney’s executive decision-making remains unclear, prompting skepticism.
The unnamed Imagineer, who worked on Disney theme park projects, stated that Disney viewed Nintendo as a strategic target due to its iconic characters (Mario, Zelda) and family-friendly brand alignment. While the idea of merging Disney’s storytelling with Nintendo’s gameplay innovation is tantalizing, no concrete evidence supports the claim. Neither Disney nor Nintendo has ever acknowledged such discussions.
In 2016, Nintendo’s market capitalization was around $20 billion. Acquiring Nintendo would have been one of Disney’s largest purchases, on par with its $4 billion Lucasfilm deal in 2012 and its $7.4 billion Pixar acquisition in 2006. Such a move would have significantly expanded Disney’s portfolio.
However, Nintendo has fiercely guarded its independence for over 130 years, rarely collaborating deeply with external partners and never entertaining buyouts. Additionally, Japanese corporate law makes hostile takeovers by foreign entities nearly impossible. Even friendly acquisitions require overwhelming board approval, which Nintendo’s leadership would likely reject. This combination of fierce independence and regulatory hurdles makes any acquisition attempt highly unlikely.