Disney is in the lead to acquire much of Fox’s media empire, though Comcast remains in contention, Reuters reported on Tuesday. If the deal should happen, it is expected that Bob Iger will stay on past his set 2019 retirement from Disney.
Iger, who is 66, has already postponed his retirement from Disney three times. In March, he said he was committed to leaving the company in July 2019. Disney has not named a successor to run the world’s largest entertainment company, which owns cable channels including ESPN, theme parks and a movie studio, which leads many believe he would stay on longer to ease the FOX transition.
Iger is well regarded on Wall Street for transforming Disney with the acquisitions of Pixar, Marvel Studios and “Star Wars” producer Lucasfilm. If a deal with FOX goes through, Disney could gain access to more film and TV characters to add to its collection including animated series “The Simpsons” and the “Avatar” movie franchise.