Blog Post

Earnings Call: Disney’s Iger: Focused On Building — But Would Buy ‘Right Fit’

Earlier this week, Time Warner (NYSE: TWX) CEO Jeff Bewkes explained his shopping requirements. During the Walt Disney Co. (NYSE: DIS) Q2 earnings call, CEO Bob Iger rolled out his when Merrill Lynch analyst Jessica Reif Cohen asked if Disney is sticking to building instead of buying: “We’re definitely focused on a ‘build’ strategy … the ‘buy’ strategy remains the same.” He said the company continues to look “opportunistically” but any acquisition has to be the right fit at the right time for the right price.

Of course, anything either of them really wants can bend to fit.