Disney CEO Could Extend His Contract Again If Fox Deal Goes Through

Disney CEO Could Extend His Contract Again If Fox Deal Goes Through

Iger had previously voiced his intention to step down from the position in 2019, but the implications of this massive deal is obviously a game-changer for the industry.

Iger, who is 66, has already postponed his retirement from Disney three times.

Iger is well regarded on Wall Street for transforming Disney with the acquisitions of Pixar, Marvel Studios and "Star Wars" producer Lucasfilm. Disney would not buy Fox's broadcast network or the Fox News or Business channels. Comcast remains interested in a deal, but Disney appears to be well out in front as a suitor.

But the Murdochs, including patriarch Rupert Murdoch, who would become big Disney shareholders, want Iger to stay and manage the integration of the Fox assets, valued at about $60 billion, accordinog to reports.

According to CNBC's David Faber, Disney and Fox are still negotiating a price for the deal and looking for a way to mitigate tax leakages. The newspaper reported that "people with knowledge of the talks" said a deal could be announced as soon as next week.

Speculation is also mounting that Sky chairman James Murdoch could be installed as Disney chief executive if the sell-off goes through. 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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