Disney


Disney reshuffles international business units

Disney has consolidated its international business units, which includes its direct-to-consumer segment, to fall under three leaders as it preps for its integration with 21st Century Fox. Upon completion of the acquisition, Rebecca Campbell, who currently serves as president at The Walt Disney Company EMEA, will maintain oversight of the region and add Russia and the […]

Comcast-Sky and Disney-Fox to spend $43bn on content in 2018

The mergers of Comcast-Sky and Disney-Fox mean that two in every 10 dollars spent on content worldwide will be by one of these two companies, according to Ampere Analysis. The research firm estimates that the combined content spend of the two merged players will reach US$43bn by the end of 2018 – more than the […]

Hulu set to reach 23m subs by year end

Hulu is on track to reach over 23m subscribers by year end, according to Hulu CEO Randy Freer who discussed the topic at Business Insider’s Ignition conference. The Hulu chief said that the streamer is on track to add more subscribers by the second half of 2018 than it did the first. Between January and […]

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 […]

Saudi’s entertainment investment arm hires ex-Disney exec as CEO

The Saudi Entertainment Ventures Company (SEVEN), the key investment arm for entertainment in Saudi Arabia, has hired former Disney exec Bill Ernest as CEO. Ernest will lead and manage all facets of SEVEN and attempt to maximise its investments in the entertainment infrastructure in Saudi Arabia. The company was established by Saudi Arabia’s Public Investment […]

‘New Fox’ will maintain its original name

In what is likely to be the final shareholders meeting before selling off assets to Disney, ‘New Fox’ boss Lachlan Murdoch has revealed that the company will stick to its original ‘Fox’ name. During the meeting, Murdoch, who was temporarily joined by father Rupert Murdoch and brother James Murdoch, stated that Fox sans its 21stCentury […]

Disney in talks to sell A+E stake to Hearst

Disney is in talks to sell off part of its stake in A+E Networks to Hearst, its joint venture partner for the network group. The Mouse is looking to sell off its interest in five European cable channels that are part of A+E Networks to the publishing and entertainment company, according to Variety. The news […]

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