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The U.K. Takeover Panel said Thursday that Walt Disney Co. (DIS) will be obliged to make a mandatory offer for Sky PLC (SKY.LN) if its proposed acquisition of assets from 21st Century Fox Inc. (FOX) proceeds.
U.K. Takeover Panel says Disney's Sky offer must be £10.75 per share in cash
HOUSTON -- After courting Hollywood and Silicon Valley, a Saudi delegation led by Crown Prince Mohammed bin Salman capped a nearly three-week American tour on Saturday by touting potential petrochemical investments totaling billions of dollars along the U.S. Gulf Coast.
LONDON -- 21st Century Fox Inc. on Tuesday said Walt Disney Co. was prepared to buy the news channel of British pay-TV operator Sky PLC, a proposal that could bolster its position in a contentious trans-Atlantic takeover battle that includes U.S. cable giant Comcast Corp.
21st Century Fox Inc. on Tuesday said Walt Disney Co. was prepared to buy Sky PLC's news channel, a move that would help Fox consolidate its ownership of the European pay-TV operator. The possible sale of Sky News to Disney is Fox's latest attempt to allay concerns in Britain that a takeover of Sky would give Rupert Murdoch too much influence over the country's media.
21st Century Fox Inc. (FOX) said Tuesday that it submitted a fresh set of remedy proposals to address U.K. regulators' media plurality concerns over its bid to acquire the 61% of Sky PLC (SKY.LN) it doesn't already own.
Walt Disney Co.'s ESPN said Monday that its streaming service will launch April 12. The service, called ESPN+, will cost $4.99 a month and feature live sports, original content, and on-demand programs. ESPN+ will be available through the ESPN app and website. Disney plans a second subscription-streaming service that will feature movies from Disney, Pixar, Marvel, and Lucasfilm, as well as other content. That service is due to launch at the end of 2019. Disney shares are down 0.9% in Monday morning trading and off 7% over the past 12 months, compared to a 15% gain for the Dow Jones Industrial Average .
Ticket sales were the worst last year since 1995, prompting a nationwide theater revamp that echoes the multiplex boom. Cinemas today are offering fancy dining, high-tech screens and giant recliners to lure consumers away from Netflix and the couch.
“A Quiet Place,” which opened to $50 million in the U.S. and Canada this weekend, became that rare thing in Hollywood: a breakout hit based on an original idea.
After courting Hollywood and Silicon Valley, a Saudi delegation led by Crown Prince Mohammed bin Salman capped a nearly three-week American tour by touting potential petrochemical investments totaling billions of dollars along the U.S. Gulf Coast.
End-of-quarter push boosts Model 3 output, but production still trails company’s predictions.
Best-Selling Books, week ended April 1, with data from NPD BookScan
What circumstance would account for an unwanted pregnancy of this lovely girl which wouldn’t turn the story into an “adult” drama?
In their shrinking natural habitat, the bears are tough, sexually potent survivors, not the hapless bunglers we have created as zoo attractions.
During Crown Prince Mohammed bin Salman’s visit to California, Saudi Arabia hosted a range of events feting its film industry, offering a sneak peek at what a Saudi-Hollywood relationship might look like.
The crown prince is trying to cut deals in Hollywood and Silicon Valley to build massive data centers, open movie theaters and create an entertainment industry.
Fox said Disney was prepared to buy the news channel of British pay-TV operator Sky, a proposal that could bolster its position in a trans-Atlantic takeover battle that includes U.S. cable giant Comcast.
Antitrust remedies proposed by 21st Century Fox should put it on an equal regulatory footing to Comcast in the battle for pay-TV giant Sky.
The future depicted in the new film ‘Ready Player One’ is closer than you think: Startups are developing haptic gloves and suits that let users feel virtual worlds.
Among the companies with shares expected to trade actively in Tuesday's session are Spotify, Amazon, Apple, Tesla, General Motors and Intel.
The SEC accused the founder of Mozido Inc., among the most highly valued U.S. financial-technology startups just a few years ago, of defrauding investors.
Feminist groups want to turn fairy-tale heroines into propaganda tools.
The new musical “Frozen” grossed $2.2 million for the week ended this past Sunday, vaulting into the top ranks of the Broadway box office, despite getting mixed reviews.
The dominance of “Black Panther” at the box office so far this year highlights a potentially troubling trend for Hollywood in which ticket sales are increasingly concentrated among just a few ultrasuccessful pictures.
Shareholders don’t like the cable company’s move to acquire U.K. satellite operator Sky. But its stock looks undervalued.
The basketball coach at underdog Loyola-Chicago learned his sportsmanship from a 1,500-year-old tradition.
Shares of Netflix (NFLX) climbed on Wednesday for the second day in a row as the streaming giant builds momentum ahead of its first quarter earnings results. Netflix has also been one of the best performing stocks so far this year. But now investors should look to the company's Q1 estimates to see if this outstanding run looks poised to continue in the immediate future.
After Its Beating, Funko Inc Stock Is Almost Too Cheap to Ignore
Disney Desperately Needs Parks And Resorts To Carry Its Water
Don’t Catch the Falling Knife that is Comcast Corporation Stock
Put $100K In Today's Stock Market? A Former Private Banker's Perspective
The Zacks Analyst Blog Highlights: Wells Fargo, Coca-Cola, Disney, Fiserv and Archer Daniels
Handle With Caution: Trading T-Mobile US, Inc. Stock on Sprint Merger Talks
Road To Financial Independence: My March 89-Stock Portfolio Review
In 2017, Disney agreed to acquire the bulk of Fox assets for $52.4 billion, or $66.1 billion including debt.
Sky, the European broadcaster that 21st Century Fox and Comcast are vying to acquire, reported a gender pay gap in favor of men in 2017 in the UK.
Glu Mobile: The Turnaround Story Continues, Should You Buy?
Today's Research Daily features new research reports on 16 major stocks, including Wells Fargo (WFC), Coca-Cola (KO) and Disney (DIS).
Shares of Netflix (NFLX) surged on Tuesday after Morgan Stanley (MS) and JPMorgan (JPM) analysts raised their price targets for the streaming video powerhouse, both pointing directly to Netflixs massive growth opportunity in one area.
British regulators have until May 1 to make a final recommendation regarding 21st Century Fox’s bid to acquire Sky.
How CBS Corporation Stock Would Be Far Greater With Viacom, Inc.
It’s Still Tough to Make a Bull Case for Sony Corp (ADR) Stock
Earth Friendly Products® Launches Disney ECOS™ For Pets!
Solo: A Star Wars Story Product Lands at Retail
The Walt Disney Company Executives to Discuss Fiscal Second Quarter 2018 Financial Results via Webcast
United Kingdom : National Trade Academy Programme launched to mark one year countdown to Brexit
LÍLLÉbaby Unveils New Mickey Mouse Carrier Collection With Matching Doll Carrier Accessories
The Walt Disney Company Announces Strategic Reorganization
United States : Holland America Line Continues its Brand Evolution with Revamped Onboard Retail Experience to Deliver Relevant Brands and Merchandise That Reflect Premium Lines Amazing Destinations
Shareholders Elect 10 Directors at The Walt Disney Company Annual Meeting
The Walt Disney Company Commits More Than $100 Million to Bring Comfort to Children and Their Families in Hospitals
Should you buy stock in Apple, Advanced Micro Devices, Disney, Netflix or NVIDIA?
Pre-Market Technical Scan on Entertainment Equities -- Lions Gate, MSG Networks, Walt Disney, and Twenty-First Century Fox
United States : Raymond James Financial appoints new director
James Pitaro Named President of ESPN and Co-Chair, Disney Media Networks
Should you be trading stock or options on Apple, Alibaba, Citigroup, Disney and AT&T?
The Walt Disney Company to Webcast Its Annual Meeting of Shareholders
Disney Celebrates 90 Years of Mickey Mouse with Worldwide Festivities
Today's Research Reports on Stocks to Watch: Walt Disney and Intel
Free Research Report as Walt Disney's Q1 Bottom-Line Outshone Forecasts
Marvel Universe Unites for Children’s Charities
Philippines : Globe Brings Marvel Studios Black Panther to Select Schools
The Walt Disney Co. is a diversified international family entertainment and media enterprise. It operates through four business segments: Media Networks, Parks & Resorts, Studio Entertainment and Consumer Products & Interactive Media. The Media Networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, radio networks and stations. The Parks and Resorts segment owns and operates the Walt Disney World Resort in Florida; the Disneyland Resort in California; Aulani, a Disney Resort & Spa in Hawaii; the Disney Vacation Club; the Disney Cruise Line; and Adventures by Disney. The Studio Entertainment segment produces and acquires live-action and animated motion pictures, direct-to-video content, musical recordings and live stage plays. This segment distributes films primarily under the Walt Disney Pictures, Pixar, Marvel, Lucasfilm and Touchstone banners. The Consumer Products and Interactive Media segment licenses the company's trade names, characters and visual and literary properties to various manufacturers, game developers, publishers and retailers throughout the world. It also develops and publishes games, primarily for mobile platforms, and books, magazines and comic books. This segment also distributes branded merchandise directly through retail, online and wholesale businesses. The Walt Disney was founded by Walter Elias Disney on October 16, 1923 and is headquartered in Burbank, CA. (See Full Profile)
| Name | Chg % | Market Cap |
|---|---|---|
| Comcast Corp. Cl A | $157.26B | |
| Discovery Inc. Series A | $10.4B | |
| Sony Corp. ADR | $62.96B | |
| CBS Corp. Cl B | $19.85B | |
| Time Warner Inc. | $75.42B |
