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Disney CEO Bob Iger Dismisses New Acquisitions Under Trump

Iger cites past consolidations, including the Fox acquisition, as sufficient for Disney's current needs.

  • Bob Iger, Disney's CEO, announced that the company does not plan to pursue new mergers or acquisitions during Trump's second term.
  • Iger emphasized that Disney's previous acquisition of 20th Century Fox and control of Hulu have positioned the company well in the current media landscape.
  • Contrasting with other media executives, Iger believes Disney has already consolidated enough to thrive without additional assets.
  • Concerns exist among Disney insiders about the potential impact of Trump's presidency on the company's operations and content strategy.
  • Despite political tensions, Disney reported strong earnings and a positive outlook through 2027, focusing on its streaming success.
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