Mr. Iger was expected to retire in 2019 and a long search for a successor had yet to identify a successor. The deal will still be a financial boon to the younger Mr. Murdoch. When the subject about a job for James came up on a post-deal conference call with analysts, Mr. Iger was respectful but noncommittal. “He will be integral to helping us integrate these companies over the next number of months,” Mr. Iger said. Disney was buying Fox’s stakes in two behemoth overseas television-service providers, Sky of Britain and Star of India — complicated businesses with which Disney had no experience but ones that James Murdoch helped build.

Source: New York Times May 09, 2018 02:48 UTC