Disney President Robert Iger said on Wednesday that a new deal between the media conglomerate and Pixar Animation Studios was “unlikely” and that it had been approached to buy UK media assets.
Iger said partnerships such as the one Disney had with Pixar to distribute its films often “outgrow one another.”
“If it’s not Pixar, it will be someone else,” Iger told an audience at the Royal Television Society’s international conference in London.
Earlier this year, Pixar called off talks with Disney to extend its distribution deal, although there has been widespread speculation that the two sides might return to the bargaining table.
“We are not in any discussions with Pixar right now,” he told Reuters on the sidelines of the conference.
He also said Disney had at one time been approached to buy UK television channel ITV as well some assets of the BBC.
“We’re professional tire-kickers, we look at everything,” he told the conference.
Iger said Disney, which has not historically bought European assets, did not pursue a possible acquisition of Germany’s ProSieben because the deal came up at the wrong time.
He added he believed ProSieben was a strong asset but that Disney was still absorbing its acquisition of Fox Family Worldwide.
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Disney’s Iger says Pixar deal unlikely
Disney President Robert Iger said on Wednesday that a new deal between the media conglomerate and Pixar Animation Studios was “unlikely” and that it had been approached to buy UK media assets.
/ Source: Reuters