Media mergers Tag

By Joe Flint and Micah Maidenberg May 14, 2019 | Walt Disney Co. and Comcast Corp. have struck a wide-ranging deal that turns operational control of Hulu over to Disney and gives Comcast the option to sell Disney its stake in the streaming-video service. Under the deal, Comcast can require Disney to purchase the one-third stake its NBCUniversal subsidiary owns in Hulu as early...

By Peter White May 8, 2019 | WarnerMedia is to bring together the international distribution divisions and home entertainment operations of HBO, Turner and Warner Bros.  Jeffrey Schlesinger, President, Warner Bros. Worldwide Television Distribution, will take leadership responsibility for activities of HBO Enterprises and the distribution of Turner content produced in the US. He has held this role since 2013, having spent...

By Eric Peckham May 7, 2019 | Most of the strategy discussions and news coverage in the media and entertainment industry is concerned with the unfolding corporate mega-mergers and the political implications of social media platforms. These are important conversations, but they’re largely a story of twentieth-century media (and broader society) finally responding to the dominance Web 2.0 companies have achieved. To entrepreneurs...

By Alex Sherman April 25, 2019 | Comcast has had a frustrating run as a partial owner of video streaming platform Hulu, but that doesn’t make the decision to sell its minority stake in the company any easier. Disney and Comcast are holding talks about working out a deal for Comcast’s 30% stake, according to people familiar with the matter. Comcast is now weighing the...

By Thomas K. Arnold April 21, 2019 | With the March 20 closure of Walt Disney Co.’s acquisition of 20th Century Fox, much has been written about the storied history of the celebrated film studio, responsible for nearly a century’s worth of big-screen favorites, from Shirley Temple musicals to Star Wars, from The Sound of Music to Avatar. And yet hardly anything has been said about the...

By The Information Staff March 15, 2019 | Two mega-entertainment deals, Disney’s $71 billion purchase of 21st Century Fox’s entertainment businesses and AT&T’S purchase of Time Warner, are putting a lot of veteran media executives on the job market. Just last week, AT&T announced the integration of the former Time Warner’s three main businesses, prompting an exodus of the top executives...

By Ryan Faughnder March 8, 2019 |Walt Disney Co.’s entertainment kingdom is about to get a whole lot bigger thanks to the pending Disney purchase of Fox, 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, Kylo Ren...

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...