Speaking to participants at the Business of Luxury Summit organized by the Financial Times on Monday, Disney chief Bob Iger suggested the company’s future was based on refocusing on the core Disney brand and its recent acquisitions of Pixar and Marvel Entertainment, which would “bring added value to Disney”. In related news, director Sam Raimi has been approached by the Studio to helm Oz: The Great And Powerful, a prequel to L Frank Baum’s books which could see Robert Downey Jr in the lead.