14 Jun Disney Under Gun to Respond to Comcast’s $65 Billion Fox Bid [Bloomberg]
By Gerry Smith
June 13, 2018 | Your move, Disney. After Comcast Corp. made a $65 billion bid on Wednesday for 21st Century Fox Inc.’s entertainment assets — the same holdings that Walt Disney Co. had agreed to buy for about $52.4 billion — the Mouse House is under pressure to respond.
At stake is a trove of media properties, ranging from “The Simpsons” to “X-Men,” that are key to Disney fending off the threat from Netflix Inc. and other streaming upstarts.
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