For Disney chief Bob Iger, Fox deal is all about future of TV
Wed, Dec 13, 2017 - 5:50 AM
Mr Iger has built a reputation over the past 12 years for making bold bets, including the US$7.4 billion he paid for Pixar animation just months after he became CEO.
WHEN news broke last month that Walt Disney Co was in talks to buy a large of part of 21st Century Fox Inc, the first question many investors had was, why are the Murdochs selling? Then came the second: Why is Disney buying?