Disney deal for Fox assets may mean Robert Iger stays longer

Disney deal for Fox assets may mean Robert Iger stays longer

Bob Iger is likely to extend his tenure as Disney chairman-CEO if the company succeeds in acquiring 20th Century Fox and other big assets from the Murdoch empire.

Investment analyst Eric Jackson said the deal for Fox's RSNs amounts to Disney-owned ESPN doubling down on sports rights, which it can use to beef up the live sports offerings within its ESPN+ streaming service launching in 2018.

The Reuters sources asked not to be identified because the negotiations are confidential.

Neither company was immediately available for comment.

"It's always good to look at what's going to create the most value for our shareholders", he told attendees.

That's because in addition to Fox's movie and television studio, FX networks and Hulu, Disney would reportedly also assume control of Fox's 22 regional sports networks, which include both Fox Sports Ohio and SportsTime Ohio.

The Parkmead Group (PMG) Price Target Cut to GBX 70
WYG PLC are listed in the Industrials sector within AIM. finnCap have set their target price at 50 GBX on its stock. QinetiQ Group plc is a science and engineering company operating in the defense, security and aerospace markets.

Fox shares were up 0.57 per cent in late afternoon trading, while Disney was down 2.45 per cent. Comcast shares were down 1.56 per cent.

Igeris due to retire in 2019 and James Murdoch, now chief executive of 21st Century Fox and chairman of the satellite broadcaster Sky, is a possible successor.

As part of the deal, the Fox cable news channels, the main Fox sports channel, and the FOX broadcast network would be spun off into a new company, to be controlled by the Rupert Murdoch family.

With word on the street suggesting that Fox is positioning themselves to sell a number of assets to Disney, it was only a matter of time until one of Marvel's stars pitched in on they thought of that possibility.

There's also speculation that a Fox acquisition could help Disney with its CEO succession problem.

Related Articles

  • Potentially Habitable Exoplanet K2-18b Found To Have Super-Earth Neighbor

    Potentially Habitable Exoplanet K2-18b Found To Have Super-Earth Neighbor

    Sitting within the habitable zone of the star, astronomers have been investigating whether or not it could support life. That means that a satellite or manned mission traveling to K2-18b would take over 2.3 million years to get there.
    TODAY'S FORECAST: Showers, high near 53

    TODAY'S FORECAST: Showers, high near 53

    By this evening, many areas may be experiencing wind chills in the teens and that's likely where we'll start on Wednesday morning. By 4 p.m. the air temperature in Pierre had fallen to about 27, down from 41 degrees at the same time on Sunday .
    Man City willing to go to £50M for Alexis in January

    Man City willing to go to £50M for Alexis in January

    Pep Guardiola's side are already high-flying and the addition of Sanchez would be awful news for the rest of the Premier League. If Pep Guardiola is successful in landing the 28-year-old in Etihad Stadium, City will be impossible to beat on any ground.
  • Davis says UK Government has not assessed impact of Brexit on economy

    Davis says UK Government has not assessed impact of Brexit on economy

    MP for Tottenham David Lammy said: 'It is time to put David Davis in the Tower of London for contempt of Parliament. Davis continued: "Therefore the usefulness of such a detailed impact assessment is near zero".
    Sufjan Stevens Wrote A Song About Tonya Harding

    Sufjan Stevens Wrote A Song About Tonya Harding

    Over the years, she has appeared in a few reality television shows, including as a contestant on Celebrity Boxing in 2002. Championships (a competition Harding consequently won).
    Georgia Bulldogs win SEC Title in Kirby Smarts Second Season

    Georgia Bulldogs win SEC Title in Kirby Smarts Second Season

    Smith, Georgia's star LB and Butkus Award victor , was the highest rated player on the defensive side of the ball. The second-year Georgia head coach was voted as the SEC Coach of the Year, the conference announced Wednesday .
  • Tennessee offers job to Alabama DC Jeremy Pruitt

    Tennessee offers job to Alabama DC Jeremy Pruitt

    He has yet to be a head coach at the college level, so there's obviously the question as to whether he can succeed in the role . That was his first job in major college football after spending the previous seven years as a high school assistant coach.
    Pentagon revises U.S.  troops numbers in Syria and Iraq

    Pentagon revises U.S. troops numbers in Syria and Iraq

    US military personnel will also continue to support local forces in Syria to stabilize liberated territory. He reiterated USA support for the United Nations -led talks in Geneva peace talks. "That's local forces.
    Dead & Company Cancel Show After John Mayer Admitted for Emergency Surgery

    Dead & Company Cancel Show After John Mayer Admitted for Emergency Surgery

    He had been due to perform at a concert at the Amway Center in Orlando with the Dead & Company, but that date has been postponed. As previously reported, Dead & Company also postponed its concert on Tuesday in New Orleans because of Mayer's operation.
  • GOP lawmaker suggests Democrat who touched him may be gay

    GOP lawmaker suggests Democrat who touched him may be gay

    Metcalfe has been outspoken in his belief that homosexuality is a sin and marriage should only be between a man and a woman. A weekly recap of the top political stories from The Globe, sent right to your email. "Like keep your hands to yourself".
    Bitcoin breaks $12000 barrier for first time

    Bitcoin breaks $12000 barrier for first time

    So, it really helped to further legitimize the sector. "With other products we've gone back, we've redesigned, we've relaunched". The planned measures would compel Bitcoin traders to reveal their identities and report illegal activities to law enforcement.
    Willie Taggart says coaching at Florida State is his 'dream job'

    Willie Taggart says coaching at Florida State is his 'dream job'

    The 41-year old succeeds Jimbo Fisher, who left for Texas A&M Monday after 11 seasons with FSU, including eight as head coach. Cristobal, Oregon's co-offensive coordinator and offensive line coach, is one of the nation's top assistants and recruiters.