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.