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By Dade Hayes and Dawn C. Chmielewski June 20, 2018 | Disney CEO Bob Iger said changes in consumer habits are driving the company’s aggressive pursuit of 21st Century Fox studio and network assets. Facing historic levels of competition from Netflix and other digital players, traditional media powers have no choice but to act, he said in a conference call this morning with Wall Street analysts. “Direct-to-consumer distribution has actually become...

By Keach Hagey and Erich Schwartzel June 20, 2018 | Walt Disney Co. raised its offer to purchase most of 21st Century Fox to more than $71.3 billion in cash and stock, topping an unsolicited offer from rival Comcast Corp. and escalating the bidding war for the coveted media properties. Disney’s new offer is far higher than its original deal, $52.4 billion in stock,...

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”...

By Pamela McClintock May 28, 2018 | Lucasfilm and Disney are facing a moment of reckoning. Solo: A Star Wars Story‘s initial performance marks a rare loss for Disney. Moreover, it is forcing the studio to reexamine its strategy for the iconic Star Wars franchise, which Disney took over when it bought Lucasfilm for more than $4 billion in 2012. Most box-office analysts say...

By Shalini Ramachandran and Erich Schwartzel May 23, 2018 | Comcast Corp. is escalating its threat to disrupt Walt Disney Co.’s megadeal to buy the bulk of 21st Century Fox Inc.’s assets, a potential move that could reshape the power structure in the entertainment industry. The cable giant said on Wednesday it is in advanced stages of preparing a cash offer that would top...

By Ben Munson May 9, 2018 | Netflix won’t be the only service missing out on Disney content once the company launches its own streaming service in late 2019. Disney CEO Bob Iger said that the company will be pulling back all of its content that is distributed and monetized on third-party platforms.  “We are fully committed to not only bringing...

By Eric Guenwedel May 6, 2018 | NEWS ANALYSIS – When Apple last year announced it would start selling access to 4K Ultra HD movies (at the same price as HD) on Apple TV through iTunes, Walt Disney Studios Home Entertainment was not among participating studios. With Disney relinquishing (some) control in the rebranding of the Movies Anywhere digital platform, retail...

By Joe Mayes April 26, 2018 | With Comcast formalizing its 22 billion-pound ($31 billion) offer for Sky on Wednesday — 16 percent above Fox’s existing bid — investors are expecting a response from Fox or Disney, which has a $52.4 billion deal to buy most of Fox. Complicating matters is an expected regulatory decision on Fox’s bid and the question...