Justice Department Approves Disney’s Plan to Buy 21st Century Fox

The multi-billion dollar deal Disney is offering to buy 21st Century Fox gets the "ok" from the government. The Justice Department's Anti-Trust Division has approved the $71B deal between the two studios. The decision comes after Disney upped its offer (originally $52B) to retrieve ownership of Fox's movie studio, sports networks and cable channels. https://twitter.com/TheJusticeDept/status/1012006273963974659... Continue Reading →

Advertisements

REPORT: Comcast Plans to Outbid Disney for 21st Century Fox

Comcast is looking to jump into the bidding war for 21st Century Fox, potentially driving up the price if Disney plans to finalize a deal. This comes as Disney and Fox shareholders are preparing to vote on their own deal. According to a statement obtained by CNN, Comcast (CCV) described the bid as one that will be "a... Continue Reading →

BREAKING: Disney Announces Strategic Reorganization, Effective Immediately

Disney is changing their approach to the company's growth initiatives like direct-to-consumer offerings. A CNBC report claims Disney's new business segment: direct-to-consumer and international. The group includes both the technology and streaming platforms-- and will handle the distribution of those services. It includes Disney's existing stake in Hulu, as well as the companies upcoming services... Continue Reading →

BREAKING: Disney Legend Marty Sklar Dead at 83

Legendary Disney Imagineer Martin A. “Marty” Sklar passed away in his Hollywood Hills home on Thursday at the age of 83. The cause of death has not been released. The Imagineer had a 54-year career working with for the mouse and alongside Walt Disney himself. Sklar was recognized for his imaginative work and creative capabilities... Continue Reading →

Powered by WordPress.com.

Up ↑