Bob Iger, who stepped down from his second stint as Disney CEO in March, gave an exit interview to Financial Times in which he revealed that he tried to acquire the James Bond franchise for Disney amid a spending spree that included the acquisitions of Pixar, Marvel and âStar Wars.â Pixar was priority number one for Iger, and the studio âfelt unstoppableâ when it acquired Pixar in May 2006 for $7.4 billion.
âIt was like the clouds lifted and the sun started to shine again,â Iger said. âWe put together a list of acquisition targets. Marvel was one, âStar Warsâ was another, James Bond was one. We had a list and I figured letâs just tick them off and buy them all.â
James Bond is the franchise that got away (Amazon is its current owner). Other companies did, too. Iger told FT that he was close to buying Twitter from owner Jack Dorsey âat a very attractive price.â The plan was to turn Twitter into a global distribution platform for Disney, but Iger admitted he got cold feet on the morning of the deal and worried it would be âa horrible distraction.â Elon Musk ended up buying Twitter and transforming it into X.
Disney also flirted with an Apple merger. Iger first revealed in his 2019 memoir that he believed the two companies wouldâve combined or âat least discussed the possibilityâ of merging âvery seriouslyâ if Steve Jobs âwere still alive.â But now Iger revealed that âsome conversationsâ did actually take place between Apple and Disney about a merger that Iger thinks would have been âtruly transformational and equal.â
âWe talked about it internally, and we had some conversations with Apple about it, but it never went anywhere,â Iger said. Apple didnât show that much interest.â
Iger stepped down as Disney CEO in March and was succeeded by Josh DâAmaro. News broke in April that Iger had taken a role as an adviser to venture-capital firm Thrive Capital. The New York-based company was founded in 2009 by Josh Kushner, the younger brother of Jared Kushner, who is Donald Trumpâs son-in-law. In September 2022, Iger joined Thrive Capital as a venture partner.