Bob Iger says Disney doesn't ‘need more assets right now' to thrive in 'disrupted media world' [Yahoo! Finance Canada]
Walt Disney Company (The) (DIS)
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Source: Yahoo! Finance Canada
Disney ( DIS ) CEO Bob Iger doesn't think the company needs to engage in mergers and acquisitions to compete in streaming. "We don't really need more assets right now, either from a distribution or from a content perspective, to thrive in [a] disruptive media world," the executive told investors on the company's fourth quarter earnings call Thursday morning. "In a way, we've already consolidated," he said, citing the acquisition of 21st Century Fox , announced in late 2017 . "And while I think we'll always look opportunistically at opportunities, as we've proven in the past, we certainly don't shy away from those. ... We, in many respects, have already consolidated." Iger said the Fox acquisition yielded "a tremendous amount of content," calling out key assets like the "Avatar" franchise and eventual full ownership of Hulu. The Walt Disney Company (DIS) Management added it's also not interested in divesting or selling off assets it currently owns, although its competitors h
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DIS
Earnings
- 11/14/24 - Beat
DIS
Sec Filings
- 11/14/24 - Form 10-K
- 11/14/24 - Form 8-K
- 11/12/24 - Form 144
- DIS's page on the SEC website