Culture&Arts

Disney CEO Could Extend His Contract Again If Fox Deal Goes Through

Disney CEO Could Extend His Contract Again If Fox Deal Goes Through

According to reports, Disney is in the lead to acquire much of Fox's media empire, though rival suitor Comcast remains in contention.

Disney did not immediately respond to a request for comment.

Iger, 66, who has already extended his term Disney several times, is now set to retire in 2019. A deal with Fox would be the biggest in the company's history, making it likely Iger would stay longer still, the newspaper said.

That means Disney's vision for this probably skews closer to world domination than it does to just the X-Men, though it's still possible that nobody will be able to make this deal happen.

Unum Group (NYSE:UNM) Given Daily News Sentiment Rating of 0.44
The company has a market cap of $12,680.00, a PE ratio of 13.71, a price-to-earnings-growth ratio of 1.93 and a beta of 1.66. The Company's products include disability, life, accident, critical illness, dental and vision, and other related services.

The Murdochs - Rupert Murdoch, 86, and his sons James and Lachlan, Fox's executive chairman - are considering a sale as the market values the group behind more slowly growing peers.

Among the assets Disney would acquire in the Fox deal include cable networks National Geographic and FX, Fox Networks Group and its global divisions (excluding the Fox broadcast channel), an extra 30% stake in Hulu, 50% of Endemol Shine Group, a 39% stake in Sky and control of Indian pay TV service Star TV.

A deal that could be announced as soon as late next week, the Journal reported, citing people with knowledge of the talks.


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