The Walt Disney Company had conversations with BuzzFeed months ago but is not currently in active talks with the entertainment website, Disney CEO Bob Iger told CNBC.
"The only thing that I will say is we had some conversations with BuzzFeed months ago, there's nothing active right now," Iger said late Monday when asked about a Fortune report that Walt Disney was in talks earlier this year to buy BuzzFeed.
"I like Buzzfeed a lot. I think they have done a great job. I like that media space – it's a truly new media platform in many respects – we ended up buying Maker Studios," Iger said. "It's not quite the same, but there are some similarities – short-form video, viral video. So, I think … at this point we have a full hand in that space."
Last month, Disney agreed to buy Maker Studios, one of YouTube's biggest networks, for $500 million in a deal that makes Disney a major distributor of online video.
According to the report in Fortune, talks between Disney and BuzzFeed broke down over price, with BuzzFeed seeking upwards of $1 billion.