Fox Tag

By Jessica Toonkel February 8, 2019 | Under pressure from Netflix and Amazon, the entertainment industry is slowly consolidating. But one of the smallest of the publicly traded entertainment firms, AMC Networks, is resisting the trend. And in an interview, AMC CEO Josh Sapan warns that some of the big media deals underway may prove to be more challenging than anticipated...

By Cynthia Littleton January 29, 2019 | It’s become clear to Disney watchers that Chairman/CEO Bob Iger — who says he plans to step down when his contract expires in 2021 — has staked part of his legacy on proving that the empire can strike back with Disney streaming against Netflix and the upstarts that have so dramatically disrupted Hollywood’s old order....

By Natalie Jarvey December 18, 2018 | In March, the onetime Clear Channel Interactive CEO was promoted to run Disney's newly created direct-to-consumer and international division that houses ESPN+, the upcoming Disney+ streaming service and a soon-to-be majority stake in Hulu, effectively putting him in charge of the 95-year-old company's future and fueling speculation that he could succeed Iger when the CEO...

By Erik Gruenwedel December 13, 2018 | Longtime Disney home entertainment executive Janice Marinelli has been promoted to president, global content sales and distribution as part of planned management changes following the media giant’s $71 billion acquisition of 20th Century Fox Film Corp. Marinelli, who had been president of Disney/ABC Home Entertainment and Television Distribution, reports to Kevin Mayer, chairman of The Walt...

By Mike Fleming Jr. October 8, 2018 |  Sources said there shouldn’t be much surprise when an announcement is made as early as later this week about the new Disney-Fox film structure. Alan Horn will be top dog. Several levels below is anyone's guess. There are sharp executives, but they will have to wrap their arms around the fact that a large part of their...

By Jennifer Saba September 27, 2018 | The Mouse House is about to buy Fox’s entertainment and international assets, including the Sky stake, for $71 billion. Disney’s chief executive, Bob Iger, has allowed discretion to conquer any ideas of valor: He plans to use the $15 billion windfall from the sale to pay down debt and invest in direct-to-consumer products, including Hulu. Read...

By Jason Knott September 6, 2018 | The invasion of the IT industry into the entertainment industry is rapidly shifting the media environment, and it creates a substantial opportunity for custom integrators to capture cord-cutters. That was the over-riding message from John Penney, executive vice president of consumer development & strategic partnerships at 20thCentury Fox, who spoke as the opening keynote speaker at CEDIA...

By Todd Spangler August 9, 2018 | Hulu’s cash burn has accelerated — its losses in the second quarter of 2018 more than doubled — as the video-streaming venture continues to step up its investment in content and technology to acquire new customers. At this point, questions remain about what will happen next for Hulu once Disney gains majority control of the company, and how the service...

By Meg James July 27, 2018 | Walt Disney Co. and 21st Century Fox Inc. shareholders on Friday overwhelmingly approved Disney’s proposed $71.3-billion takeover of much of Rupert Murdoch’s 21st Century Fox — a milestone in a merger that is expected to dramatically reshape the entertainment industry. The deal’s contours began to form nearly a year ago over wine between Disney Chief Executive...

By Cynthia Littleton Jul 19, 2018 | As it moves closer to completing its acquisition of 21st Century Fox assets, Disney is preparing to overhaul the leadership of Disney/ABC Television Group. 21st Century Fox president Peter Rice and Fox Television Group chairman Dana Waldenare slated to relocate to Disney in senior posts overseeing TV operations. Current Disney/ABC TV Group president Ben Sherwood is expected to transition to a new role at...