Disney’s Asia Pacific president Uday Shankar is stepping down from his position after 18 months in the role. Shankar, who was also chairman of Star and Disney India, joined the Mouse House in February last year having previously been president of 21st Century Fox in Asia. He moved into his most recent role after Disney […]
US broadcast group Sinclair has confirmed the acquisition of 21 Regional Sports Networks (RSNs) and Fox College Sports from Disney in a deal worth US$10.6 billion (€9.6 billion). This portfolio represents the largest collection of RSNs in the US marketplace, and has an extensive footprint which consists of exclusive local rights to 42 professional teams […]
Disney is close to announcing a deal to sell 21 Fox regional sports networks it inherited from its acquisition of Fox’s entertainment assets to Sinclair Broadcast Group for US$10 billion, according to the Wall Street Journal. The deal is expected to be announced today, according to the paper. Disney completed its US$71 billion acquisition of […]
Disney completes its US$71 billion acquisition of the bulk of 21st Century Fox today, paving the way to create what chairman and CEO Bog Iger described as “the preeminent global entertainment company, well positioned to lead in an incredibly dynamic and transformative era.” Disney is acquiring 21st Century Fox’s film production businesses Twentieth Century Fox, […]
A majority of 21st Century Fox shareholders have voted for cash rather than shares in an enlarged Disney ahead of the planned merger of the latter and Fox’s entertainment assets. Fox shareholders had until 17:00 Eastern US time on Thursday to elect whether to receive cash or shares. According to Fox, holders of 51.57% of […]
The Walt Disney Company has set a March 20 date to finalise its US$71.3 billion acquisition of 21st Century Fox’s entertainment assets. The company announced the news after receiving the final sign-off from Mexican regulators on Tuesday (12 March). Mexico wanted reassurance that Disney would sell off Fox’s regional sports networks (RSN’s) to approve the merger. […]
Fox Entertainment, the TV and programming arm of the new post-Disney sale Fox Corporation, is launching Sidecar, a new ‘content development accelerator’ that will be headed by Gail Berman. Sidecar, as its name is intended to convey, will sit side-by-side with Fox Entertainment and will be tasked with identifying and incubating programming both for the […]
The US’s Major League Baseball (MLB) is leaning towards transferring domestic US streaming rights to individual teams, potentially leading to a march away from pay TV for US baseball towards a streaming-focused future, according to the New York Post. According to the paper, citing unnamed sources close to the talks, the MLB, under pressure from […]
Amazon will be among the bidders for the 22 US regional sports networks to be sold off by Disney to secure regulatory approval for its takeover of 21st Century Fox’s entertainment business, according to a report by CNBC. According to CNBC, citing unnamed sources, Amazon is bidding for all 22 networks, including a joint bid […]
In what is likely to be the final shareholders meeting before selling off assets to Disney, ‘New Fox’ boss Lachlan Murdoch has revealed that the company will stick to its original ‘Fox’ name. During the meeting, Murdoch, who was temporarily joined by father Rupert Murdoch and brother James Murdoch, stated that Fox sans its 21stCentury […]
