Bob Iger Calls Disney's Fox Acquisition “Ahead Of Its Time”

Core Viewpoint - Disney CEO Bob Iger described the acquisition of 21st Century Fox as "ahead of its time," especially in light of the high multiples competitors are paying for Warner Bros. Discovery assets [1][2]. Group 1: Acquisition Details - Disney completed the acquisition of 21st Century Fox in 2019 for over $70 billion, overcoming a competing hostile offer from Comcast [2]. - The acquisition has resulted in significant debt for Disney and has been a controversial topic on Wall Street [2]. Group 2: Asset Valuation - Iger emphasized that the ongoing battle for control of Warner Bros. Discovery highlights the value of Disney's assets, particularly its intellectual property (IP), brands, and franchises [1][2].