A new article by Deadline has reported that Disney is planning to abandon the Fox Studios lot located in Los Angeles once its lease expires next March. Disney Abandoning Fox Studios Lot In a new article by Deadline, multiple sources have confirmed that Disney does not plan on continuing to occupy the Fox Studios lot … Read more
Disney acquired “Anastasia” back in 2019 when they acquired 20th Century Fox, but no merchandise related to the classic movie has appeared in Disney Parks until recently. Today, we found a new Limited Release 25th Anniversary pin dedicated to the film. Limited Release “Anastasia” 25th Anniversary Pin – $17.99 We found this Limited Release pin at … Read more
The completed acquisition of 21st Century Fox became effective at 12:02 a.m. Eastern Time today, March 20, 2019. 21st Century Fox is now officially a part of the Walt Disney Corporation. Disney has released their official statement regarding their acquisition of 21st Century Fox, which you can read below. From The Walt Disney Company: Disney … Read more
21st Century Fox has just officially announced on Twitter that the Disney’s acquisition of Fox is complete. The Walt Disney Company’s (“Disney”) acquisition of 21CF will become effective at 12:02 a.m. Eastern Time tomorrow, March 20, 2019. From 21st Century Fox: Source: 21st Century Fox
The Disney and Fox merger is inching closer and closer to being finalized. Disney met recently with regulators in Brazil and they appear to have come to an agreement over a dispute with Fox Sports and the broadcasting rights of soccer games in that region. Due to Disney’s ownership of ESPN, The Department of Justice … Read more
Back in 2013, 20th Century Fox announced its first-ever theme park in Malaysia, hoping it could use state-of-the-art technology to compete with the likes of Disney. Then, Fox was purchased…and will merge with Disney. Now with the merger just weeks away from finalizing, completion of the park is in doubt. According to Variety, resort company … Read more
21st Century Fox has agreed to sell its 39% stake in European media giant Sky to Comcast. The deal values the minority share in Sky at the same £17.28/share price Comcast offered for the other 61%. After Fox lost the auction for majority control of Sky, they were resigned to selling their minority share. Disney … Read more
Comcast has seemingly won the 21-month battle for European broadcasting giant Sky. The winning bid by Comcast values the 61% share of the company up for grabs at $40 billion. 21st Century Fox, soon to be owned by The Walt Disney Company, currently owns the other 39% of Sky. However, Comcast would become the controlling … Read more
In a somewhat shocking piece of news, Comcast has decided to drop out of the bidding war for 21st Century Fox. This leaves Disney as the only company with an open offer for Fox, and thus the clear favorites to acquire Fox. Comcast decided to drop out of the race after Disney’s latest bid of $71 … Read more
In yet another wrinkle in the Disney-Fox-Comcast saga, Disney’s bid for Fox was backed by important proxy firms. Institutional Shareholder Services Inc. and Glass Lewis & Co., both influential proxy advisors, endorsed the Disney bid earlier this week. Proxy firms provide services to shareholders to vote their shares at shareholder meetings of large corporations. They also recommend … Read more
Disney and Fox have finally rescheduled their vote on the proposed merger/acquisition for July 27th. The previous July 10th meeting was canceled when Disney upped their bid to beat the new $65 billion offer from Comcast. This meeting announcement comes one day after federal regulators approved the proposed acquisition of Fox by Disney. Currently, Disney’s … Read more
In what is seen as a massive step forward for Disney’s acquisition of 21st Century Fox, the U.S. Justice Department has given the OK for the proposed purchase. While not unexpected, the quick decision by the Justice Department gives Disney a massive advantage over Comcast as things stand. As part of the regulatory approval, the … Read more
21st Century Fox has agreed to an improved offer from The Walt Disney Co. worth $38 a share, up from $28 a share which was agreed upon in December. This valuation is a $3 premium over Comcast’s $35 a share all-cash offer that they made just last week. The new offer from Disney is valued at … Read more
There’s been a lot in the news regarding the proposed purchase of 21st Century Fox between Disney and Comcast. We wanted to put together a timeline since the very beginning of what has happened so far which began back in November 2017. November 6, 2017: CNBC reports that Disney is working with Rupert Murdoch to acquire … Read more
As the bell was ringing to mark the end of the trading day today, Comcast unveiled a massive $65 billion all-cash bid to purchase much of 21st Century Fox. This offer comes hot on the heels of the federal approval of AT&T – Time Warner merger, which would make a Comcast acquisition of 21st Century … Read more
Twenty-First Century Fox could be making its final decision on the offer made by The Walt Disney Company on July 10th. In December, Disney offered stock worth $52.4 billion to buy Fox’s television, film, and international assets. Previously, Comcast had made an offer in November to also purchase Fox with stock, and the equivalent was … Read more