Fox


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 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 […]

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 […]

Fox axes Brooklyn Nine-Nine as Hulu eyes its revival

Fox has cancelled three popular comedies including Brooklyn Nine-Nine, which Hulu and other US players are eyeing for revival. Other titles axed in the move include popular sitcom The Last Man on Earth and The Mick, which is ending its reign after two seasons. There has been public outcry over Fox’s decision to cancel Brooklyn […]

Fox Networks Groups restructures African team

Fox Networks Group (FNG) Europe and Africa has unveiled a new executive team structure for its Africa division, which currently operates eight PayTV channel brands including National Geographic, FOX, FOX Sports and Baby TV. As part of the shake-up, Vasilis Iliopoulos (left) will expand his role to become SVP for FNG Africa, alongside his existing […]

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 […]

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