Disney-Fox deal in final stages and could be announced Thursday, will reportedly include $60 billion in assets
Following Comcast's exit from the talks to buy Fox assets, Disney looks set to land them, with a deal likely coming later this week.
Following Comcast's exit from the talks to buy Fox assets, Disney looks set to land them, with a deal likely coming later this week.
Murdoch has reportedly asked for Iger to stay on longer as a condition of any sale of Fox assets to Disney.
Skipper's contract ran through 2018, so this extension comes over a year ahead of its expiry, much earlier than his last extension.
While ESPN subscribers again fell, Iger has high hopes for the company's future, especially with their forthcoming OTT service.
Travis claims that Fox/Disney acquisition talks led to Iger being able to exert pressure.
"I felt we had to take context into account."
ESPN again was part of a Disney earnings drop, boosting the focus on their plans to go over-the-top.
Bob Iger had a lot to say about ESPN, and about how the layoffs there have been covered.
Bob Iger has been supportive of ESPN's current streaming strategies, so those may continue through the end of his term in mid-2019.
Another Disney earnings call led to another miss on analysts' expectations (in revenue this time), and again led to ESPN being cited as a reason for the miss.
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