Iger Asked To Stay Disney CEO After Making Fox Deal

Iger Asked To Stay Disney CEO After Making Fox Deal

According to the Los Angeles Times, the Disney board wants to extend Iger's contract beyond that date so he can oversee the integration of the Fox assets.

Speculation is also mounting that Sky chairman James Murdoch could be installed as Disney chief executive if the sell-off goes through. Disney is said to be offering Fox shareholders around Dollars 60 billion worth of its shares for assets including Fox's film studio, TV channels, Indian media firm Star as well as its 30 percent stake in streaming service Hulu.

Comic book fans are understandably stoked at the possibility of seeing the X-Men and Fantastic Four characters become a part of the Marvel Cinematic Universe, but if this deal does happen, then Disney would be gaining far more than the rights of those Marvel characters. Meanwhile, Fox would keep its news, sports and broadcast network.

Ventura county fire in California burns 65000 acres
They recommend anyone who is near the area, who isn't under an evacuation order, to be prepared to leave at a moment's notice. He had so little time to escape the wind-whipped Thomas Fire that he couldn't save his cats, or even get his wallet.

While Comcast has made a bid to acquire the Fox assets, CNBC reports that "Fox views Disney's bid as superior".

A deal that could be announced as soon as late next week, the Journal reported, citing people with knowledge of the talks.

Jefferies analyst John Janedis estimates the deal would cost Disney about $78 billion and that the company would nearly entirely finance the deal with equity. A key difference in the most recent reports are DIS's interest in the RSNs which we value at $18B (9.0x F19E EBITDA).

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