21st Century Fox


Disney, Fox merger set to close March 20

The Walt Disney Company has set a March 20 date to finalise its $71.3bn acquisition of 21st Century Fox. The company announced the news after receiving the final sign-off from Mexican regulators on Tuesday (12 March). Mexico wanted reassurance that Disney would sell off Fox’s regional sports networks (RSN’s) to approve the merger. The RSNs […]

Disney’s SEC filing sheds light on Hulu value

Disney has valued The Handmaid’s Tale SVOD Hulu at around US$9.26bn, according to a Securities and Exchange Commission (SEC) filing made this week. The SEC filing, submitted on Wednesday (November 21), shows that Disney made $450m in “capital contribution” to Hulu in 2018. The platform, in which Disney will have a 60% stake upon completion […]

Report: Amazon bids for Disney’s divested sports networks

Amazon is among the companies currently bidding for 22 regional sports TV networks Disney has had to divest as a result of its 21stCentury Fox acquisition, according to reports. The multi-faceted platform is bidding for all of the networks, including the YES network, according to CNBC. Apollo Global Management, KKR&Co, The Blackstone Group, Sinclair Broadcast […]

Chinese regulators approve Disney-Fox merger

Chinese regulators have approved the Disney-Fox merger weeks after the Mouse received a conditional greenlight from the European Commission.  China granted unconditional approval for the acquisition, which sees Disney take over Fox’s entertainment assets, including its Asian operations via Fox Networks Group Asia. Chinese approval of the deal, which came on Monday (November 19), is a […]

Dungey steps down at ABC as Burke takes the reins

Ahead of Disney’s completion of the 21st Century Fox acquisition, ABC Entertainment president Channing Dungey (pictured) has made the decision to step down and will be succeeded by Freeform originals head Karey Burke. Dungey, who has been with the business for 14 years, has shepherded a wide range of award-winning programming for ABC including The Good […]

Apollo, Disney hang on to Endemol Shine as sale suspended

Peaky Blinders producer Endemol Shine Group is to be folded into Disney following the suspension of its headline-grabbing sale. Apollo Global Management and 21st Century Fox – which each holds a 50% stake in Endemol Shine – are believed to have suspended the extensive sales process for the Black Mirror producer after numerous suitors failed to meet their […]

TBI Weekly: What’s next for Comcast, Sky and the Murdochs?

As 21st Century Fox walks away from Sky after selling its 39% stake in the business to Comcast, Ampere Analysis research director Guy Bisson predicts that Sky will transform – but don’t expect major changes. Believe it or not, but I was one of Sky TV’s very first employees. Back in the late 1980s while […]

21st Century Fox exits Sky by selling 39% stake to Comcast

21st Century Fox has agreed to sell its 39% stake in Sky to Comcast after the US pay TV giant emerged triumphant from an intense bidding process over the weekend. With the move Rupert Murdoch, who is chairman of 21st Century Fox, cashes out his interest in Sky – a company that he launched in […]

Comcast closes in on 40% of Sky shares days after $39bn bid

Comcast has bought up 36.95% of Sky just days after it dealt a knock-out $39bn bid for the pay-TV broadcaster. As of Wednesday (September 26), the business owns around 635m shares in Sky, according to an official statement from the London Stock Exchange, and is looking to make further market purchases at £17.28 per share. […]

Sky urges shareholders to accept Comcast offer

Sky has advised its shareholders to accept Comcast’s $39bn takeover days after the US telecom giant’s knockout bid for the business. In a statement released on Monday (24 September), Sky said: “As the price of the Comcast Offer is materially superior, it is in the best interests of all Sky shareholders to accept the Comcast […]

1 2 3 20