James Murdoch Could Be the Next CEO of Disney

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James Murdoch

by @todotvnews the 06/12/2017
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Disney's potential acquisition of 21st Century FOX took an unexpected turn in the last few hours, as reports say that if the deal is finalized, James Murdoch could become Bob Iger's successor as head of The Walk Disney Co.

Just a few hours after US media outlets said 21st Century FOX and Disney rekindled conversations about a potential acquisition, new reports are now saying that the deal is "imminent" and that it could bring on notable executive appointments.
 
On the one hand, CNBC, the first to reveal details about the operation, says the deal could be announced as soon as next week, and be worth over 60 billion dollars.
 
On the other, the Financial Times made a surprise report, saying that as part of the deal, James Murdoch could be name CEO of The Walt Disney Co.
 
According to the report, both James and Rupert Murdoch would take on senior roles at Disney's directive board. And, since Bob Iger already announced his retirement for 2019, James Murdoch, son of Rupert Murdoch and current CEO of 21st Century FOX, would be the main candidate to replace him.
 
Other than Murdoch, Thomas Staggs was the favorite to replace Iger. However, he left the company in 2016. In the last few weeks, Bob Chape, CEO of Disney Parks and Resorts, was also named as a potential candidate.
 
As it was initially reported, Disney's interest would be for FOX's film and TV studios, its entertainment networks and its stake in Sky and Star TV.
 
FOX News, the FOX Network and FOX Sports would remain in the hands of Lachlan Murdoch, James' brother, as well as News Corp's assets, which include The Wall Street Journal and The Sun.
 
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