Media mergers Tag

By Ryan Faughnder March 8, 2019 |Walt Disney Co.’s entertainment kingdom is about to get a whole lot bigger thanks to its pending purchase of 21st Century Fox assets, and the rest of Hollywood has only just begun to grapple with the consequences of the company’s increasing power. The long-anticipated $71.3-billion acquisition will put the X-Men, Homer Simpson, the Avengers, Buzz Lightyear,...

By David McLaughlin, Andrew M Harris, and Scott Moritz February 26, 2019 | AT&T Inc. beat back another effort by the U.S. to undo its purchase of Time Warner, cementing an $85 billion deal to help it compete with Netflix Inc. The U.S. Appeals Court in Washington said Tuesday the Justice Department failed to establish that a lower-court judge made a clear error when he rejected...

By Dade Hayes February 19, 2019 | When Disney’s $71.3 billion deal to acquire most of 21st Century Fox closes in the coming weeks, the combined company will remain an appealing target for investors, but only those willing to indulge hefty near-term spending on direct-to-consumer streaming. That’s the basic takeaway from a new research report by Macquarie analysts Tim Nollen and Stephen Beckett. Read more on Deadline. Related Articles: Disney’s...

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 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 Dawn C. Chmielewski and Dade Hayes November 26, 2018 | WarnerMedia CEO John Stankey has elevated the AT&T Entertainment executive who helped launch DirecTV Now to lead the company’s direct-to-consumer streaming platform scheduled to launch next year. Stankey named Brad Bentley, the former VP of marketing at DirecTV, as general manager and executive vice president of WarnerMedia’s direct-to-consumer development in an email this morning to staff, providing an update on...

By Jessica Toonkel November 9, 2018 | AT&T’s WarnerMedia has approached Comcast’s NBCUniversal to discuss ways of working together, including about licensing films or TV shows for WarnerMedia’s planned new streaming service, according to two people familiar with the discussions. The approach signals that AT&T wants to strengthen its hand in competing with Walt Disney, Netflix and other rivals. In particular, the...

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...

August 23, 2018 | Walt Disney Co. has been the consistent leader among media and entertainment companies in the Management Top 250 ranking, but Netflix Inc. has made the biggest gains. At No. 53 overall, the studio was the highest-ranked company in the industry sector in the latest analysis. Although the Management Top 250 was first published in December, it was calculated back to 2012. Walt Disney...