Bob Iger Defends Disney's Pricey 2019 Fox Acquisition – Emmys, ‘Avatar' Came From That Deal, “I Could Go On And On”
FOXFox(FOX) Deadline·2024-11-14 22:36

Disney’s 2019 acquisition of most 20th Century Fox assets in a deal worth north of $71 billion enriched the Murdoch family but also swelled Disney’s debt and continues to have a mixed response from Wall Street. On a call with analysts today after quarterly earnings, Bob Iger strongly defended the move as critical to completing Disney’s content and distribution heading into the streaming era. “In late 2017, when we announced initially that we were acquiring assets from 20th Century Fox, we specifically ment ...