Media mergers Tag

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...

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...