Tag Archives: Fox

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 [...]

Latin American networks select CenturyLink for live World Cup feeds

CenturyLink will transmit international distribution and unilateral feeds in support of this soccer championship to top Latam networks TV Azteca in Mexico, and RCN and Caracol in Colombia, as well as Fox in the U.S. The networks will use CenturyLink’s high quality, broadcast-based Vyvx Solutions to provide diverse routes in the transmission of tournament and [...]

Fox shareholders to vote on Disney deal in July

Twenty-First Century Fox (21CF) announced that it has scheduled a shareholder meeting on July 10 to vote on Disney merger agreement. 21CFs board of directors recommends that stockholders vote in favor of the proposal. 21CF said that is aware of the press release of Comcast of May 23, 2018, in which the U.S. operator states [...]

Comcast confirms it’s preparing bid for Fox assets

U.S. largest pay TV operator Comcast confirmed on Wednesday that is preparing a cash offer for the 21st Century Fox assets that Disney has proposed to acquire. The U.S. giant said that no final decision has been made and that the work to finance the all-cash offer and make the key regulatory filings is well [...]