Disney


Disney preps SVOD service launch with exec reorg

The Walt Disney Company has reorganised its marketing executives as it steps ups its plans for the launch of its SVOD service. It has moved its top marketing exec Ricky Strauss to the new role of president of content and marketing for the upcoming Disney SVOD service. Studio veteran Asad Ayaz replaces Strauss in his […]

US Justice Department approves Disney’s $71.3bn Fox bid

The US Department of Justice (DOJ) has approved Disney’s bid for Fox assets, so long as it divests 21st Century Fox’s 22 regional sports networks. A lawsuit was filed by the DOJ’s Antitrust Division to block the acquisition if the mouse house did not divest Fox’s sports assets. Approval was granted once Disney agreed to […]

Disney’s Mark Endemano departs amid restructure

Disney’s head of international TV and digital sales, Mark Endemano, has left the company as it restructures ahead of its potential acquisition of 21st Century Fox assets. Endemano was promoted to senior VP of media distribution for Walt Disney International in October 2017. The exec, who has been with Disney since 2004, was previously in […]

TBI Weekly: Disney may win the Fox race

This week, the bidding war between Disney and Comcast for Fox assets got all the more valuable as the mouse house upped its offering to $71.3 billion (£53.7 billion). The move may well be the final blow to Comcast, with 21st Century Fox describing the bid as “superior”. “We are extremely proud of the businesses […]

Disney’s odds look promising as it ups Fox bid to $71.3bn

Disney has upped its bid for Twenty First Century Fox’s film and television assets to US$71.3 billion, bettering the US$65 billion offer that rival bidder Comcast made last week. In a statement, 21st Century Fox said that it has entered into an amended and restated merger agreement with Disney that it described as “superior” to the […]

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 […]

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 […]

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