- 21st Century Fox CEO, James Murdoch, would have been presented as a potential candidate to succeed Bob Iger as CEO of Disney.
- According to reports, Disney is in talks to buy 21st Century Fox assets valued at more than $ 60 billion. but excluding news and sports.
- If the deal closes, Murdoch would likely join Disney, which would put him in the midst of speculation about Iger's hard-fought succession plans.
21st Century Fox CEO James Murdoch has been "suggested" as a candidate to succeed Bob Iger as CEO of Disney, when the famous executive finally retires, according to The Financial Times, which quoted "people informed about the conversations "in a report published on Tuesday.
This news came on the same day that The CNBC report said that Disney was close to the announcement The asset that Disney is reportedly interested in buying includes the Fox, A & E and Star television networks, studios of film and television, participations in Sky and Fox. Hulu and other assets. Significantly, the agreement would not include the news and sports assets of Fox.
The Financial Times said that if that agreement were closed, Murdoch would probably "take a senior executive role with Disney." Such a move would remove Murdoch from the media empire built by his father Rupert, and in which he and his brother Lachlan have ascended to positions of power.
I would also place him in a privileged place to potentially take over from Iger. , if the CEO retires as planned in 2019. (Iger extended his mandate three times before after reflecting on retirement)
"No promises have been made," however, a person informed about the talks told the FT .
Iger's succession plan has been a topic of heated debate for years. Former Disney operations director, Thomas Staggs, was seen as Iger's heir until he left his role abruptly in early 2016. In November, Bloomberg reported that Disney park chief Bob Chapek had emerged as a contender .
Whoever takes charge of Iger will probably have to deal with a period of change in the company, since the secular decline of the traditional television business continues, and Disney begins to face technology players like Netflix going directly to consumer.
Additional report by Joe Ciolli.