According to CEO Bob Iger, Disney looked at acquiring Twitter last year but decided to buy video streaming firm BAMTech instead.
Iger stated, "We thought Twitter had global reach.”
Tuesday's comment from Iger marked Disney's first public confirmation that it looked at an acquisition.
It's been well known that Twitter held acquisition talks with multiple would-be suitors, including Salesforce and Disney, last October. all ended up losing interest in a deal.
Twitter CEO Jack Dorsey recently hinted that the company turned down an acquisition offer one year ago from an unnamed company.