21st Century Fox


UK accepts 21CF-Sky terms after Disney sweetens Sky News pledge

The UK government has accepted deal terms between 21st Century Fox and Sky, following an improved commitment from Disney to operate Sky News for a period of 15 years. UK culture secretary Matt Hancock said that new deal terms had been offered that meet the criteria he laid out in parliament earlier this month – […]

Endemol Shine hires banks for possible $4bn sale

Endemol Shine Group, the production company co-owned by 21st Century Fox and Apollo Global Management, has hired Deutsche Bank and Liontree to seek a sale that may be worth $4 billion, according to reports. Both Fox and Apollo have agreed to sell their stakes if a buyer is found, according to CNBC which first reported […]

Comcast confirms bid for Fox’s TV and studio assets

As widely expected, Comcast has made a firm bid for 21st Century Fox’s TV and studio assets following a US court’s rejection of the US Department of Justice’s case against the merger of AT&T and Time Warner. The US cable and media giant has offered US$35 a share in cash for Fox, a 19% premium […]

US judge accepts AT&T Time Warner merger without conditions

A US Federal judge has ruled that AT&T’s US$85 billion acquistion of Time Warner is legal, without placing any conditions on the merger of the telecom and media giants. Shares in Time Warner jumped on the news. US District Court judge Richard Leon urged the US government not to seek a stay in implementing the […]

Fox sets shareholder vote on Disney

Fox has set a shareholder vote on July 10 to determine the $52 billion sale of 21st Century Fox assets to Disney. The move arrives one week after Comcast announced that it is prepared to outbid the mouse house with an all-cash offer. Fox has said that it could postpone the meeting should Comcast come […]

‘New Fox’ names exec team with Lachlan taking the helm

Twenty-first Century Fox (21CF) has named Lachlan Murdoch (pictured) as the executive chairman and chief executive officer for the proposed ‘New Fox’, which will be established as Disney purchases Fox assets in the coming year. The new structure will also see Rupert Murdoch serving as co-chairman and John Nallen, 21CF’s chief financial officer, taking a […]

Comcast preps Fox offensive with new bid

Comcast isreportedly preparing a new bid for 21st Century Fox. Separately, the US cable and programming giant has notified the European Commission of its bid for Sky, according to reports. According to Reuters, Comcast has asked investment banks to extend a debt facility to the company by as much as US$60 billion, enabling it to make […]

Sky reports 10% earnings increase

Sky reported a 10% increase in earnings for the nine months to March 31, despite what CEO Jeremy Darroch (left) described as a “challenging consumer environment”. Announcing results for the first nine months of its financial year, Sky said that earnings before interest, taxation, depreciation and amortisation (EBITDA) came to £1.7 billion – up 10% […]

Fox Searchlight launches TV arm

Fox Searchlight presidents Nancy Utley and Steve Gilula are adding a TV arm to Fox Searchlight, Fox Entertainment Group’s distribution division. David Greenbaum and Matthew Greenfield will now be presidents of production for film and television at the newly formed Searchlight Television. They add Searchlight Television to their current responsibilities including all aspects of production […]

Fox looks to sell Sky News to Disney

Twenty-First Century Fox has proposed selling Sky News to Disney on completion of its buyout of Sky, in an effort to secure UK regulatory approval for the Sky deal. The suggestion is one of two ‘alternative remedy proposals’ submitted to the UK’s Competition and Markets Authority (CMA), with the second being a legal separation and […]

1 2 3 18