Disney Tag

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, and surpasses...

By Dawn C. Chmielewski and Dade Hayes June 14, 2018 | Comcast is prepared to make concessions, including shedding Fox’s stake in the online streaming service Hulu, in order to win regulatory approval for its $65 billion offer to acquire most of 21st Century Fox’s film and television assets, according to sources. The U.S. cable giant, in a competing bid submitted yesterday, promised to match any of the remedies...

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,”...

By Alisha Haridasani June 8, 2018 | Rupert Murdoch is looking beyond Disney for the sale of the bulk of 21st Century Fox assets, Richard Greenfield, media and tech analyst at BTIG told Cheddar exclusively. “I think a lot of people have said not only is he focused only on selling to Disney but he really wants Disney stock and wants to be...

By Stewart Clarke June 5, 2018 | The British government gave the green light Tuesday to 21st Century Fox’s bid to take over Sky, on condition that Sky News be offloaded to a third party such as Disney. The government also cleared a rival bid for Sky from Comcast, paving the way for the two U.S. media giants to battle it out for Europe’s biggest pay-TV company. Read more on...

By Dade Hayes May 29, 2018 | “Comcast must be looking into the 10-year future,” veteran media analyst Todd Juenger, of Sanford Bernstein, writes, “and has concluded: 1) there will only be a handful of global, entertainment video services, 2) most of those slots are already taken (Netflix, Amazon, Google/YouTube, Facebook?, Apple?), 3) likely only one company from ‘old media’ can make it...

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 the...

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 Disney’s all-stock,...

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 the product to...

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 member Vudu.com...