Dec 5, 2017

James Murdoch tipped for Disney role in Fox deal

James Murdoch has been suggested as a potential successor to Bob Iger, chief executive of Walt Disney, in deal discussions with the US media company over the sale of 21st Century Fox entertainment assets, according to people briefed on the talks. James Murdoch, younger son of Fox chairman Rupert Murdoch and current chief executive of Fox, is likely to take a senior executive role with Disney if a sale is agreed, using his knowledge of the Fox assets and the global television market, people briefed on the negotiations said. If Disney succeeds in acquiring the Fox assets the deal seems set to mark the end of James Murdoch's professional partnership with his father and brother, Lachlan, who would continue to oversee Fox's broadcast network, Fox News Channel and sports channel, FS1. One person close to the family said it would be a "a very amiable separation". The Disney-Fox deal under discussion would be structured as an all-stock transaction in which Fox shareholders would receive a portion of Disney shares in exchange for Fox equity. A deal with Disney also raises uncertainty about the future of Jeremy Darroch, Sky chief executive, who had been expected to stay with the group once it was acquired in full by Fox.

Read the full story

 Related companies

Make a complaint about Disney by viewing their customer service contacts.