Disney


Disney finalises Fox merger

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, […]

Most Fox shareholders elect for cash ahead of Disney merger

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 […]

Disney and Fox set date for completion of acquisition

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. […]

EU accepts Hollywood studios and Sky measures to end geo-blocking case

The European Commission has accepted commitments by Hollywood studios not to apply clauses in contracts with Sky that prevent EU consumers outside the UK and Ireland from subscribing to Sky’s UK pay TV service to access films via satellite or online. The EC has made commitments offered by Disney, NBCUniversal, Sony Pictures, Warner Bros. and […]

Disney to take complete animated catalogue to streaming service

Disney will make its entire catalogue of animated movies available on the forthcoming Disney+ family-oriented SVOD service, reversing a policy that saw it make library content available on in a limited way. Disney CEO Bob Iger told the company’s shareholders that the back catalogue would be made available on the Disney+ service soon after it […]

Disney reportedly in talks to acquire WarnerMedia Hulu stake

Disney is in active talks with AT&T to acquire WarnerMedia’s 10% stake in Hulu, according to Variety. The house of mouse is already set to own 60% of the US streamer once it closes its acquisition of 21stCentury Fox assets. If the deal with WarnerMedia were to go forward, it would have a majority stake […]

IHS Markit: US SVOD market could grow by 53m subs by 2023

New direct-to-consumer services from Disney, Apple, Warner Media and NBCUniversal have the potential to grow the US SVOD market by 53 million subscriptions by 2023. This is according to IHS Markit research, which claims that such growth would amount to a 25% increase in subscribers and would generate up to US$3.6 billion in incremental revenue […]

Netflix axes last remaining Marvel titles

Netflix has axed the last remaining Marvel titles on the platform, The Punisher and Jessica Jones. After a months-long cull of Marvel titles, which included cancellations of Luke Cage, Iron Fist and Daredevil, Netflix has officially ended its pact with the Disney company by axing the last remaining titles on the platform. This marks the end of a relationship formed between the two […]

Loop Media launches with senior team from Disney, Vevo and EA

Loop Media, a new premium short-form streaming service co-founded by former Disney, Vevo and Electronic Arts executives, has gone live after years as a stealth startup. Loop said it aims to improve the viewing experience of content like music videos, film trailers, game trailers and TV clips by enabling real-time interactions between venues, artists and […]

Disney breaks out D2C numbers, looks at international Hulu launches

Disney broke out its revenues and operating loss for direct-to-consumer and international activities as a separate line for the first time in its Q1 results, posting revenues of US$918 million (€806 million), down 1%, and an operating loss of US$136 million, up from loss of US$42 million, for the unit. The company said that revenues […]

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