21st Century Fox


Sky reports 10% earnings increase despite ‘challenging environment’

Sky reported a 10% increase in earnings for the nine months to March 31, despite what CEO Jeremy Darroch described as a “challenging consumer environment”. Announcing results for the first nine months of its financial year, Sky said that earnings before interest, taxation, depreciation and amortisation (EBITDA) came to £1.7 billion (€2 billion) – up […]

AMC Networks invests in US$75m FuboTV funding round

US sports and TV streaming service FuboTV has secured US$75 million (€60 million) in new funding from companies including AMC Networks and previous investor Sky. Other investors include 21st Century Fox, Luminari Capital, NorthZone and Discovery-owned Scripps Networks Interactive. The streaming outfit plans to use the money to hire more engineers as well as to […]

Rice: Disney/Fox acquisition to close by summer 2019

Peter Rice, president of 21st Century Fox, has told staff that the merger between Fox and Disney is set to be complete for Spring or Summer 2019. During a round of town hall meetings, the executive spoke to staffers offering reassurance and an update on the process, according to Deadline, which first reported the story. The deal […]

UK regulator: Disney must offer to buy all of Sky following 21CF deal

Disney will be required to make a mandatory offer for all of Sky after completing its proposed acquisition of Twenty-First Century Fox, according to the UK Panel on Takeovers and Mergers. The regulator said that Disney will be compelled to make an offer within 28 days of closing the deal at the same £10.75 per share price tabled […]

21st Century Fox proposes Sky News sale to Disney

Twenty-First Century Fox has proposed selling Sky News to Disney on completion of its buyout of Sky, in an effort to secure UK regulatory approval for the Sky deal. The suggestion is one of two ‘alternative remedy proposals’ submitted to the UK’s Competition and Markets Authority (CMA), with the second being a legal separation and […]

Macquarie outlines scenarios for Sky, Comcast, Disney and Fox

Analysts at infrastructure investment group Macquarie have outlined four scenarios for Sky following Comcast’s announcement that it would bit for Sky, and upgraded its target on Sky to 1450p a share and suggesting that one scenario could place a value of close to US$100 billion on a deal. The analysts said that Comcast could bid […]

Fox confirms launch of ‘opinion platform’ Nation

21st Century Fox has confirmed reports that it is to launch a standalone Fox News opinion-focused US streaming service. The plan was first reported by the New York Times. Fox Nation is expected to launch in the fourth quarter of the year. The service will include exclusive content and access to over 20 years of […]

21st Century Fox promises independent board for Sky News

21st Century Fox has promised a fully-independent board for Sky News and insulation of the service from possible editorial interference from the Murdoch family in a bid to secure approval for its planned takeover of Sky. Fox’s proposal for a fully-independent board for the UK news channel goes a step beyond an earlier pledge to […]

Comcast looking again at Fox after higher bid was rejected – report

Comcast made an offer last year for 21st Century Fox that was significantly higher than Disney’s successful bid, and may make a fresh move to acquire the company, or its European pay TV arm Sky, according to the Wall Street Journal. The Journal, citing unnamed sources, reports that Comcast made a bid for Fox that […]

New CEO to succeed Moore at National Geographic Partners

National Geographic Society (NGS) boss Gary Knell will be the next CEO of National Geographic Partners (NGP). He will succeed Declan Moore, who has the run the business since its inception two years ago. NGP came into being in September 2015 when 21st Century Fox took control of its programming joint venture with NGS, which […]

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