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Disney on verge of Fox acquisition as shareholders approve $71 billion dealJuly 27, 2018The Walt Disney Company’s proposed $71 billion acquisition of 21st Century Fox assets has been approved by shareholders of both companies. This follows US regulatory approval by the Department of Justice last month, with completion of the transaction now subject to clearance by several non-US regulators. Under the Disney Merger Agreement, Fox stockholders may elect to receive $38 per share in either cash or shares of New Disney, a new holding company that will become the parent of both Disney and Fox. The finalisation of the deal comes after competing bidder Comcast opted not to raise its offer of $65 billion to acquire the same Fox assets Disney has now secured. Disney initially agreed a $52 billion deal in December 2017.Subscribers Only
Comcast outbids Disney for Fox, as court clears way for AT&T takeover of Time WarnerJune 14, 2018Comcast has made an offer for the entertainment assets of 21st Century Fox, outbidding the Walt Disney Company by around 19%. The offer, which would bring the NBC Universal and Fox movie and TV studios, cable networks and other operations including Sky under the same roof, was delivered by Comcast in a letter to the Fox board of directors yesterday. Comcast’s offer is for $35 per share in cash, with a value of $65 billion. In December, Fox shareholders agreed to sell the assets to Walt Disney for $52.4 billion in an all-stock transaction. Comcast is also making an offer to buy Sky, and said it would continue to pursue the acquisition in parallel with the Fox deal. The UK government approved both this offer and the Fox proposal to buy full control of Sky earlier this month. On Tuesday this week, a US federal court judge cleared the way for AT&T to acquire Time Warner, dismissing the government’s view that the takeover would be anti-competitive. The offer, worth $106 billion, was first made in December 2016. Barring a further move to block the deal by the US government, AT&T said it would aim to complete the deal by 20 June.Subscribers Only
BeIn Media expands non-sports business with Miramax acquisitionMarch 03, 2016The Qatari-based BeIn Media Group (BMG) has acquired US studio Miramax. The previous shareholder of Miramax was the holding company Filmyard Holdings, a joint venture controlled by the US investment fund Colony Capital and the Qatar Investment Authority, one of the Gulf Emirate’s sovereign funds. Filmyard Holdings acquired Miramax in December 2010 for $663 million from Walt Disney.Subscribers Only
Imax success of Game of Thrones paves way for new content genre in cinemasFebruary 05, 2015The release finished 15th in the box office rankings with an average per screen revenue of $7,100 which was on a par with the top performing title of that week. The success opens up a window for further TV episodes with an avid fan base on the wider cinema or premium cinema platform, although content of an exclusive nature is likely to hold most appeal.
Amazon takes new fronts in content warsJanuary 21, 2015Retailer and online video service Amazon will finance up to 12 US theatrical movies in 2015, releasing them on its Prime Instant Video subscription service one to two months after the cinema. The move into film production and distribution follows the commission of the first episodic series directed by Woody Allen, which will also be exclusive to Prime Instant Video. Content produced and distributed through Amazon Original Movies will move quickly from cinemas to subscription video-on-demand (SVoD) - four to eight weeks instead of the usual six to ten months.Subscribers Only
Telefónica builds TV and cinema production with creation of new studioSeptember 30, 2013Telefónica, Spain's leading telecoms and pay TV provider, will launch Telefónica Studios, pushing its national and co-production output to new levels for both cinema and TV.
Fox to handle Dreamworks distributionOctober 07, 2012DreamWorks Animation (DWA) has signed a five-year international and domestic distribution service deal with Twentieth Century Fox (Fox), set to begin in November 2012, replacing a similar service deal with Paramount Studios.
Dreamworks Animation moves for Classic MediaJuly 22, 2012Dreamworks Animation is to buy Classic Media in a deal that will swell its intellectual property library with more than 450 titles, ranging from Casper the Friendly Ghost, Lassie and the Lone Ranger to Postman...