Tag Archives: Disney

Marvel characters to get own TV shows on Disney streaming service: Report

Disney is developing a number of limited series centered on popular Marvel characters, like Loki and the Scarlet Witch, along with other superheroes, for its streaming service, which is expected to launch in 2019, Variety reported. According to the report, each series would include six to eight episodes. Marvel Studios will produce the shows and [...]

Disney CEO reveals more details about new OTT service

Disney CEO Bob Iger shared some details about the upcoming streaming service that the company plans to launch late next year. The executive said the OTT will have a lower volume of content than Netflix but also it will cost less. The service will include upcoming theatrical releases such as Captain Marvel and the next [...]

Disney’s OTT content offering begins to take shape

Disney plans to launch its streaming service in 2019. Meanwhile, the company continues to prepare the content offering. A New York Times report revealed that the upcoming live-action ‘Star Wars’ TV series is expected to cost around USD 100 million for 10 episodes. Star Wars is a big world, and Disneys new streaming service affords [...]

Fox and Disney shareholders approve deal

21st Century Fox shareholders approved the sale of the entertainment assets to Walt Disney Co, both companies said on Friday. The special meetings of the shareholders of both groups to vote on the USD 71.3 deal were held separately at the New York Hilton and according to Variety they lasted less than 15 minutes. The [...]

Comcast CEO says price of Fox got “too high”

Comcast CEO Brian Roberts acknowledged in a conference with analysts that the company abandoned its pursuit of 21st Century Fox’s film and television assets, in direct competition with Disney, because the price was becoming “too high”. It was a unique opportunity, the executive said. We were very disciplined in our approach to it, but we [...]

Comcast pulls offer for Fox assets

Comcast announced that it has abandoned its plans to acquire Twenty-First Century Foxs entertainment assets to focus on its offer for Sky. Sources familiar with the companys thinking told Reuters that Comcast dropped its bid for the Fox assets because it was concerned the price was becoming too high. It was also worried how much [...]

US Justice Department approves Disney’s acquisition of Fox assets

The Walt Disney Company announced Wednesday that the Antitrust Division of the United States Department of Justice (DOJ) has cleared the pending acquisition by Disney of 21st Century Fox entertainment assets. As a condition of the deal, the DOJ said that Disney must sell off Fox’s regional sports networks. According to the consent decree, Disney [...]

Disney raises bid for Fox assets to USD 71.3 billion

Walt Disney Co. raised its bid for Twenty-First Century Fox’s assets to USD 71.3 billion, the companies announced in a press release today. This way, it exceeds Comcast’s USD 65 billion all-cash offer. The new offer is USD 38 a share, this is, USD 10 higher than Disneys first bid in December 2017. Comcasts last [...]

Comcast offers USD 65 billion for Fox assets

Comcast announced an offer of USD 65 billion for the assets that Twenty-First Century Fox agreed to sell to Disney for USD 52.4 billion. Comcasts bid came a day after a federal judge approved the merger of AT&T and Time Warner. In a letter delivered on Wednesday to Foxs Board of Directors, Comcast said, In [...]