NEWS
Potential Fox deal sees James Murdoch cast as contender to Disney throne
POSTED 06 Dec 2017 . BY Tom Anstey
Fox boss James Murdoch has emerged as a contender to become the new CEO of Disney, following reports last week that Bob Chapek was the man to take the organisation forward.

Disney is reportedly in negotiations for a US$60bn (€50.7bn, £44.8bn) takeover of Fox, with the company looking to acquire Fox’s movie studio, cable channels and international units – Sky and Star India.

Should that deal go through, The Financial Times reports that British-born businessman James Murdoch, the CEO of Fox and son of media tycoon Rupert, could take the reins at Disney when Bob Iger departs in 2019.

The Fox deal would have a significant impact on the theme park world, with Comcast – the parent company of Universal Studios' owner NBC Universal – also assessing a bid, as is Verizon.

Should the Fox deal not go through, Bob Chapek – a Disney veteran of more than 20 years – would still be the likely successor to Bob Iger, according to Bloomberg.

Disney has struggled to find a suitable successor following the departure of heir apparent Thomas Staggs in April 2016. Iger extended his tenure at Disney until 2 July 2019, saying at the time that he would be working with the company’s board to “to identify a successor as CEO and ensure a successful transition”.

The incoming chief executive will be leading from a position of strength, with Disney’s recent earnings report showing growth for the fiscal year. The company’s Parks and Resorts division performed strongly, with revenues increasing eight per cent year-on-year to US$18.4bn (€15.8bn, £14bn), while profits were up 14 per cent to US$3.8bn (€3.3bn, £2.9bn).
 


ADVERTISE . CONTACT US

Leisure Media, Portmill House, Portmill Lane,
Hitchin, Hertfordshire SG5 1DJ Tel: +44 (0)1462 431385

©Cybertrek 2018

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
PRINT SUBSCRIPTIONS
FREE DIGITAL SUBSCRIPTIONS
 
Leisure Management - Potential Fox deal sees James Murdoch cast as contender to Disney throne...
18 Aug 2018 Leisure Management: daily news and jobs
 
 
HOME
JOBS
NEWS
FEATURES
PRODUCTS
FREE DIGITAL SUBSCRIPTION
PRINT SUBSCRIPTION
ADVERTISE
CONTACT US
Sign up for FREE ezine
Latest news

06 Dec 2017

Potential Fox deal sees James Murdoch cast as contender to Disney throne
BY Tom Anstey

James Murdoch – current Fox CEO and son of media tycoon Rupert – could take the reins at Disney when Bob Iger departs in 2019

James Murdoch – current Fox CEO and son of media tycoon Rupert – could take the reins at Disney when Bob Iger departs in 2019
photo: PictureGroup/SIPA USA/PA Images

Fox boss James Murdoch has emerged as a contender to become the new CEO of Disney, following reports last week that Bob Chapek was the man to take the organisation forward.

Disney is reportedly in negotiations for a US$60bn (€50.7bn, £44.8bn) takeover of Fox, with the company looking to acquire Fox’s movie studio, cable channels and international units – Sky and Star India.

Should that deal go through, The Financial Times reports that British-born businessman James Murdoch, the CEO of Fox and son of media tycoon Rupert, could take the reins at Disney when Bob Iger departs in 2019.

The Fox deal would have a significant impact on the theme park world, with Comcast – the parent company of Universal Studios' owner NBC Universal – also assessing a bid, as is Verizon.

Should the Fox deal not go through, Bob Chapek – a Disney veteran of more than 20 years – would still be the likely successor to Bob Iger, according to Bloomberg.

Disney has struggled to find a suitable successor following the departure of heir apparent Thomas Staggs in April 2016. Iger extended his tenure at Disney until 2 July 2019, saying at the time that he would be working with the company’s board to “to identify a successor as CEO and ensure a successful transition”.

The incoming chief executive will be leading from a position of strength, with Disney’s recent earnings report showing growth for the fiscal year. The company’s Parks and Resorts division performed strongly, with revenues increasing eight per cent year-on-year to US$18.4bn (€15.8bn, £14bn), while profits were up 14 per cent to US$3.8bn (€3.3bn, £2.9bn).



Connect with
Leisure Management
Magazine:
View issue contents
Sign up:
Instant Alerts/zines

Print edition
 

News headlines
World’s largest ice skating centre likely for New York
World’s largest ice skating centre likely for New York   17 Aug 2018

Former Deutsche Bank executive Kevin Parker and former New York Rangers player Mark Messier have secured funding for phase one of a $350m (€303.6m, .... more>>
New Pritzker Architecture Prize Jury chair named
New Pritzker Architecture Prize Jury chair named   17 Aug 2018

The Hyatt Foundation, the sponsor of the Pritzker Architecture Prize, has appointed a new jury chair for the award, following the retirement of Glenn .... more>>
US National Museum of Natural History’s Fossil Hall set for reopening
US National Museum of Natural History’s Fossil Hall set for reopening   16 Aug 2018

Kirk Johnson, museum director of the Smithsonian National Museum of Natural History in Washington DC, has announced its David H. Koch Hall of Fossils .... more>>
Kengo Kuma’s V&A Dundee: Drone footage shows finished building ahead of opening
Kengo Kuma’s V&A Dundee: Drone footage shows finished building ahead of opening   16 Aug 2018

The Kengo Kuma-designed V&A Museum of Design Dundee, Scotland’s first dedicated design museum, is set to open its doors in less than a month. Opening .... more>>
Jali-wrapped Bangalore naturopathy centre acts as a retreat in a ‘tight urban site’
Jali-wrapped Bangalore naturopathy centre acts as a retreat in a ‘tight urban site’   16 Aug 2018

In among the busy, loud and polluted streets of Bangalore, one might think it would be hard to find solace and practice wellness routines. However, .... more>>
Luxury Tenerife resort boasts 1,000sq m spa and wellness centre
Luxury Tenerife resort boasts 1,000sq m spa and wellness centre   16 Aug 2018

A new luxury resort on the Spanish Canary Island of Tenerife is home to a 1,000sq m (10,764sq ft) spa, among its 121 junior hotel suites and one, two .... more>>
Company profile


Booker

Booker is an all-in-one management solution to run and grow your spa. Booker gives you access to a powerful tool that will help you promote your business and retain customers.

View full profile>>

Catalogue gallery


Featured Supplier

Open banking set to bolster gym member payments

Open banking set to bolster gym member payments

Open Banking is here, and the competition and market authorities say it will drive competition and innovation in retail banking. More>>




in this issue

• 1Rebel cycle concept is world's first
• Iconic Gold's Gym brand is up for sale
• Hospitality 'to generate £100bn' in 2018'



Latest jobs

Jobs Search



Level 2 Gym Instructor Course
Location: Nationwide, United Kingdom
Company: Discovery Learning
Master Level 3 and 4 Personal Training Diplomas
Location: Nationwide, United Kingdom
Company: Discovery Learning
Estate Food and Beverage Manager
Salary: From £60,000 to £65,000 per annum plus package
Location: Somerset, UK
Company: jdr Hospitality Recruitment
Diary dates
Powered by leisurediary.com




24 Apr - 26 Nov 2018

MAPIC Russia

Expocentre, Moscow, Russia



Leisure Management magazine 2018 issue 1
Leisure Management
2018 issue 1

View issue contents
View on turning pages
Download PDF
  Tourism: High flyers
How bmi and Projekt Spielberg are growing British tourism to Graz More>>
  Editor’s letter: Mental health
Liz Terry shares her thoughts More>>


Leisure Management magazine 2016 issue 1

Leisure Management
2016 issue 1

View issue contents
View turning pages
Download PDF
  Interview: Craig Lister
Green Gym’s managing director is harnessing the power of gardening More>>
  On the cover: AJ Hackett
Bungy, New Zealand More>>


Published by The Leisure Media Company Ltd Portmill House, Portmill Lane, Hitchin, Herts SG5 1DJ. Tel: +44 (0)1462 431385 | Contact us | About us | © Cybertrek Ltd