Disney pledges to sell off more Fox assets if deal is approved [FierceCable]

Disney pledges to sell off more Fox assets if deal is approved [FierceCable]

By Ben Munson

June 22, 2018 | The Walt Disney Company is promising to sell off even more Fox assets if its $71 billion deal for the company’s studio and cable network businesses earns regulatory approval. In a filing with the SEC, Disney said that it would be willing to part ways with Fox assets representing up to $1 billion in total EBITDA. That’s an increase of $500 million of 21 Century Fox’s EBITDA.

The filing specifically mentions that Fox’s regional sports networks could be on the chopping block if necessary.

Read more on FierceCable.

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