If Disney’s rumored acquisition of 20th Century Fox comes to fruition, Bob Iger will likely continue on as chairman-CEO, according to Variety. Although Iger had at one point planned to retire in 2015, he is expected to see the company through its integration of the Murdoch-owned 20th Century Fox should the deal transpire. The deal, which estimates predict will fall in the $60 billion range, would absorb the movie and television powerhouse 20th Century Fox into Disney, the world’s biggest media company. Comcast is also reportedly interested in buying 20th Century Fox, but Disney could easily outbid Comcast, and Comcast has greater reason to worry about an anti-trust obstruction of the deal than Disney does. Iger, who has led Disney since 2005, will see his current contract extension expire in 2019.
Thanks for reading InsideHook. Sign up for our daily newsletter and be in the know.