Disney


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 […]

UK gov’t sets scene for Sky bidding war between Fox and Comcast

The UK government has approved 21st Century Fox’s proposed takeover of Sky on the condition that Sky News is divested, clearing the path for a Fox showdown with Sky’s other bidder, Comcast. In a statement to parliament yesterday, UK culture secretary Matt Hancock said that details will now be finalised over how Sky News can be divested “in […]

Hulu reorganises leading teams, eliminates chief content officer role

Hulu has launched a major reorganisation across its top teams in content, technology, marketing and data, and eliminated its chief content officer role with Joel Stillerman departing the company. The US-focused streamer will now organise its content team into two groups, one that focuses on acquired on-demand and live content partners and another that harbours […]

TBI Weekly: UK broadcasters band together

As major global entertainment companies increasingly pursue M&A activity to fend off the threat of tech organisations, we’ve recently seen signals from UK broadcasters that collaboration is high priority for them too. Just this week, it was revealed that the BBC is considering a joint venture with ITV to take over UKTV – part owned […]

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 […]

Netflix & OTT services drive record $748bn brand value for 2018

Entertainment brands such as Netflix have aided a 21% growth in brand value to $748 billion for 2018, according to Brand Z – Kantar Millward Brown’s brand equity platform. Netflix is one of the biggest contributors to growth, climbing 31 places from last year to 61st place in Brand Z’s top 100 list. The platform […]

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 […]

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