• Fox Founder Rupert Murdoch Insists Disney Deal is Not a ‘Retreat'

    4 monthes ago - By Variety

    Rupert Murdoch spent decades cobbling together a media empire. On Thursday, the octogenarian mogul announced plans to sell his film studio and much of his entertainment assets to Disney in a $52.4 billion mega-deal. The hope is that the combined companies will give Disney the kind of sprawling library of hit movies and shows it...
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  • International Players React to Fox-Disney Deal With Envy, Fear

    4 monthes ago - By Variety

    Admiration, uncertainty, and downright fear rippled through entertainment circles far beyond American shores in response to the historic hookup between two already major global players, Disney and 21st Century Fox. The marriage will create a colossus whose film, television and theme park assets bestride the globe and set up potentially powerful synergies in both production...
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  • Fox Will Be Lean After Disney Deal, But Will It Be Mean?

    4 monthes ago - By Variety

    The pending acquisition of the bulk of 21st Century Fox's assets by the Walt Disney Co. turns the latter into a content giant the likes of which has never been seen. But it also turns the former into a leaner, more focused entity whose future is radically changed from what most observers envisioned for it...
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  • Disney-Fox Deal: Media Stocks Rise After Megadeal Announcement

    4 monthes ago - By Variety

    Media investors reacted Thursday to the blockbuster Disney-21st Century Fox deal, with stocks of big media companies ticking up in early trading as Wall Street processed the implications of the $54.2 billion pact. Disney shares were up as much as 1.8% as markets opened Thursday, while 21st Century Fox's stock climbed 0.5%. Disney is proposing to...
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  • Disney Agrees to $2.5 Billion Breakup Fee if Regulators Block 21st Century Fox Deal

    4 monthes ago - By Variety

    Disney has committed to pay a $2.5 billion breakup fee to 21st Century Fox if its $52.4 billion deal to buy most of Fox's film and TV assets is blocked by federal regulators. The agreement unveiled Thursday also provides for a breakup fee of $1.52 billion payable by either side if Disney or Fox pulls...
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  • Hulu's Future: What Disney-Fox Deal Means for TV-Streaming Venture

    4 monthes ago - By Variety

    Nothing will change immediately at Hulu in the wake of Disney's $52 billion deal with 21st Century Fox. But now that Disney has snapped up Fox's 30% stake in Hulu - giving Disney majority control over the 10-year-old streaming-video company - the strategic direction for Hulu in the years ahead has been cast into uncertainty. Industry observers...
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  • Disney-Fox Deal: Bob Iger on Management Plans, Direct-to-Consumer Focus and Staying Through 2021

    4 monthes ago - By Variety

    Disney's interest in 21st Century Fox's film and TV assets is all about building up its direct-to-consumer streaming capabilities. Disney chairman-CEO Bob Iger was blunt in laying out the rationale for the $52.4 billion deal with investors on Thursday. Disney needs to enhance its ability to reach consumers directly with programming and channels to guard...
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  • Disney-Fox Will Be Global Powerhouse, Especially in Asia and Europe

    4 monthes ago - By Variety

    Disney's hookup with 21st Century Fox will create not just an American behemoth but a global one, with powerful film and television assets throughout Asia and Europe in particular. That kind of reach is all the more important as international revenue increasingly becomes a sine qua non for Hollywood. Across the Atlantic, the marriage will...
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  • Disney-Fox Deal Lands at Uncertain Time for Antitrust Enforcement

    4 monthes ago - By Variety

    WASHINGTON - The rationale behind The Walt Disney Co.'s acquisition of Fox's major content assets is that it's necessary to bulk up in the new landscape, where competition is coming not just from Hollywood rivals but Silicon Valley. Yet in the eyes of some antitrust lawyers and analysts, it'd be foolish to think that the...
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  • Disney Agrees $52 Billion USD Deal for Fox's TV and Film Studios

    Disney Agrees $52 Billion USD Deal for Fox's TV and Film Studios

    4 monthes ago - By Hypebeast

    After speculation of a deal for a while, Disney has announced that it has reached an agreement to take control of large amounts of the Fox media network. The $52 billion USD deal still needs to be approved by competition regulators, but if it goes through it will see Disney take ownership of Fox's TV and film studios with some of Fox's biggest franchises - such as X-Men and The Simpsons - now belonging to the conglomerate.
    Other elements of the deal include National Geographic , FX cable channels, regional sports networks, international networks, a 30 percent stake in Hulu and a 39 percent...
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  • Fantastic Four, X-Men Can Team With Avengers Thanks to Fox, Disney Deal

    4 monthes ago - By Variety

    Disney's $52.4 billion agreement to buy 21st Century Fox's entertainment assets is good news for fanboys and fangirls. The company was quick to tout that the pact “provides Disney with the opportunity to reunite the X-Men, Fantastic Four, and Deadpool with the Marvel family under one roof and create richer, more complex worlds of inter-related...
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  • Disney to Buy 21st Century Fox Assets for $52.4 Billion in Historic Hollywood Merger

    4 monthes ago - By Variety

    The Walt Disney Co. has set a $52.4 billion, all-stock deal to acquire 20th Century Fox and other entertainment and sports assets from Rupert Murdoch's empire. The deal between Disney and 21st Century Fox marks a historic union of Hollywood heavyweights and a bid by Disney to bolster its core TV and film businesses against...
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