- Disney CEO Bob Iger could stay after the end of his contract in July 2019 if his company buys the 21st Century Fox TV assets, says the Wall Street Journal.
- Iger would help integrate Fox's assets into Disney's portfolio.
- James Murdoch has been considered a possible successor to Iger if an agreement is reached with Fox.
Disney CEO Bob Iger will stay with the company beyond 2019 if an agreement can be reached to the television assets of 21st Century Fox, according to Ben Fritz of the Wall Street Journal. Iger would help integrate Fox's assets into Disney's portfolio, according to the report.
Wednesday's news comes just a day after a CNBC report suggested that Disney and 21st Century Fox would close an agreement for Fox's television assets, which have a business value of approximately $ 60 billion. The assets include A & E and Star TV networks, as well as its regional sports operation, film studios and participations in Sky and Hulu, and others. The proposed agreement would leave Fox with his news and sports assets.
In March, Iger's contract was extended until July 2019, sparking speculation that he could participate in the 2020 elections. His friends have asked him to run for the Oval Office and, according to the reports, I was considering such a measure.
After the report on Tuesday that the two sides were approaching an agreement, the Financial Times suggested that James Murdoch was "suggested" as a possible replacement for Iger in 2019. The idea is that Murdoch would take a role as Disney executive . while he was being prepared to succeed Iger.
Disney shares fell to session lows in the news before settling at 1.58% to $ 105.53 each. They have fallen 0.61% this year.