Fox


Fox posts offer note for Sky deal

Twenty-First Century Fox has put in an offer document and form of acceptance for its £14 a share offer to buy Sky. The move sees Fox temporarily table plans to make a higher bid than Comcast’s £14.75 offer. The deadline for Fox to set out a revised offer document is September 22. Sky has acknowledged […]

Netflix surpasses HBO in Emmy nominations

For the first time, Netflix has surpassed HBO in the number of Emmy nominations it received for 2018, ending HBO’s 17-year streak as leader. Netflix received 112 nominations to HBO’s 108. This time last year HBO had 110 nominations to Netflix’s 91. The Netflix titles nominated include Queer Eye (pictured), Black Mirror, The Crown, Stranger […]

Sky bid heats up for Fox, Comcast

21st Century Fox is expected to receive a green light from culture secretary Matt Hancock to take control of Sky this week, triggering a potential bidding war for the UK-based pay TV operator with Comcast. Hancock’s clearing of the deal is expected to conditional on Fox selling Sky News – most likely to Disney – and […]

US broadcast M&A reaches $5.11bn for 2018

US broadcast station mergers and acquisitions (M&A) raised $5.11 billion in the second quarter of 2018 with over $5.01 billion attributed to TV station sales, according to S&P Global Market Intelligence. This is the largest quarterly deal volume since the second quarter of 2007, according to the research group. The news arrives as consolidation of […]

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 […]

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