Comcast Archives - Page 2 of 2

Disney Gains Full Control of Hulu After Deal with Comcast

May 14, 2019

Author

Jesse DeRosa

Lover of Disney Parks, hater of ketchup. For questions or comments please contact jesse@wdwnt.com.

Disney and Comcast have announced a deal which results in Disney gaining full operational control over Hulu, beginning immediately. The deal promises that Comcast will sell its Hulu stake to Disney within the next five years for a sum of at least $9.2 billion. However, this is not without consequence for Hulu subscribers. Comcast’s NBCUniversal will … Read more

Disney & Fox Deal To Be Finalized On New Year’s Day 2019

October 10, 2018

Author

Nathan Hartman

A sunshine state resident, Nathan is an avid Disney parks wonk as well as a university film professor. Twitter: @somestuffisaid

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According to 21st Century Fox president Peter Rice, Disney’s acquisition of his company will be ready to close the first of January 2019. Rice spoke to staffers in a town-hall meeting on the Fox lot in Los Angeles, taking questions about the transition when he mentioned the date. In the meeting, Rice also mentioned that … Read more

Fox to Sell Remaining Shares of Sky to Comcast, Deal Supported by Disney

September 26, 2018

Author

Derek Sterling

Contact Derek at Derek@WDWNT.com

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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

21st Century Fox Outbid by Comcast for European Broadcaster Sky

September 22, 2018

Author

Derek Sterling

Contact Derek at Derek@WDWNT.com

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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

BREAKING: Comcast Drops Out of the Bidding War for Fox, Leaving a Clear Path for Disney

July 19, 2018

Author

Finn

Contact me at finn@wdwnt.com

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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

Disney’s Bid for Fox Endorsed by Important Proxy Firms, Comcast’s Bid Dealt Blow by Justice Department

July 14, 2018

Author

Finn

Contact me at finn@wdwnt.com

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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

UPDATE: Disney and Fox Set Shareholder Vote On Proposed Merger For July 27th

June 28, 2018

Author

Finn

Contact me at finn@wdwnt.com

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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

BREAKING: Fox Has Accepted an Improved Bid from Disney, Dealing a Blow to Comcast

June 20, 2018June 20, 2018

Author

Finn

Contact me at finn@wdwnt.com

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Disney & Fox Are Meeting "Again" To Discuss The Possible Acquisition Of Fox By Disney

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

A Timeline of the Disney and Comcast Battle for 21st Century Fox

July 25, 2018June 17, 2018

Author

Finn

Contact me at finn@wdwnt.com

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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

BREAKING: Comcast Makes a $65 Billion All-Cash Bid to “Steal” 21st Century Fox from Disney

June 13, 2018

Author

Finn

Contact me at finn@wdwnt.com

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BREAKING: 21st Century Fox In Talks to Sell Company to Disney

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

Fox To Decide on Disney Deal July 10, Could Still be Swayed By Comcast Bid

May 30, 2018

Author

Whitney

I have been visiting Walt Disney World annually since I was 7 years old and haven't mentally left it since. Living in Arkansas, but dreaming of Orlando. You can find me at whitney@wdwnt.com and @whitydarlingdesigns on instagram!

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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