Disney


Netflix value surpasses Disney for the first time

Netflix stock market value rose to a record $153 billion on Thursday, temporarily surpassing Disney and making it the world’s most valuable media company for the first time. The streamer closed with a market capital of $141.8 billion, as Disney clocked off with $152.18 billion. The moment remains significant, highlighting the great strides Netflix has […]

TBI Weekly: Does Netflix outgrowing Disney/Comcast value mean TV domination?

In one week, Netflix has managed to make a landmark TV deal with the Obamas and surpass the market value of Disney and Comcast. By the end of Wednesday Netflix reached a record high market capitalisation of $152 billion, overtaking Comcast which received $147 billion and just below Disney which received $153 billion. By the […]

Comcast prepares all-cash offer for 21st Century Fox

Comcast has confirmed that it is considering making an all-cash offer for the Fox assets that have been offered to Disney for $52billion. In a statement, the corporation confirmed that it is, “considering, and is in advanced stages of preparing, an offer for the businesses that Fox has agreed to sell to Disney.” These assets […]

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 […]

TBI Weekly: Comcast joins the M&A race

This week, Comcast kicked off a bidding war by formally offering £22bn for Sky and subsequently making it very difficult for Rupert Murdoch’s Fox to take full ownership of the TV group. The offer, which trumps Fox’s £19bn bid and has been well received by independent board members at Sky, is Comcast’s move to compete […]

Comcast makes rival £22bn cash bid for Sky

Comcast has made a firm cash offer for Sky that values the pay TV operator at £22 billion (€25 billion), with a commitment to maintain annual expenditure on Sky News for at least 10 years and to establish an independent editorial board for the channel. The announcement, which accompanied Comcast’s Q1 results, puts the US […]

Disney/Fox deal to close by Spring/Summer 2019

Peter Rice, president of 21st Century Fox, has told staffers that the merger between Fox and Disney is set to be complete for Spring or Summer 2019. During a round of town hall meetings, the boss spoke to staffers for reassurance and an update on the process, according to Deadline, which first noted the story. […]

UK regulator says Disney must buy Sky under Fox deal

Disney will be required to make a mandatory offer for all of Sky after completing its proposed acquisition of Twenty-First Century Fox, according to the UK Panel on Takeovers and Mergers. The regulator said that Disney will be compelled to make an offer within 28 days of closing the deal at the same £10.75 per share price tabled […]

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 […]

TBI Weekly: The billion dollar US pay TV drop

This week, damning numbers hinting US pay TV may face significant trouble in its near future emerged. There are some that believe that pay TV platforms may not have a future over the next few years and decades, as the industry continues to fragment and direct-to-consumer services reach astronomical figures in viewership and subscriptions. In […]

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