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Disney CEO Bob Iger will reportedly stay on past 2019 if his company acquires 21st Century Fox's TV assets

Dec 7, 2017, 02:31 IST

AP

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Disney CEO Bob Iger will stay with the company past 2019 if a deal can be worked out for 21st Century Fox's TV assets, according to the Wall Street Journal's Ben Fritz. Iger would help integrate Fox's assets into Disney's portfolio the report said.

Wednesday's news comes just one day after a CNBC report suggested Disney and 21st Century Fox were closing in on a deal for Fox's TV assets, which have an enterprise value of about $60 billion. The assets include A&E and Star TV networks, as well as its regional sports operation, movie studios, and stakes in Sky and Hulu, and others. The proposed deal would leave Fox with its news and sports assets.

This story is devleoping.

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