That being the date of a shareholders’ meeting:
21st Century Fox set July 27 as the new date for a special meeting of its stockholders to consider the sale of many of its film and television assets to The Walt Disney Co. The Fox board today recommended that its shareholders vote in favor of the enhanced $71.3 billion offer from Disney, which [June 27th] won U.S. antitrust approval.
Continue reading Date critical for the survival of the MCU set for July 27th.
Maybe: “Walt Disney Co. raised its offer for 21st Century Fox Inc.’s entertainment assets to $71.3 billion, outbidding Comcast Corp. in a battle for one of the media industry’s biggest prizes.” Bloomberg also notes that “Disney also plans to take on about $13.8 billion of Fox’s net debt. That would lift the total transaction value above about $85 billion.” Couple that with the suggestion that Disney may be clearing regulatory hurdles, and it looks like the Disney/Fox merger is a couple of steps closer.
Which leads to the important question: how long will it take for Marvel to create an ends credit scene for the next Avengers flick that looks like this?
Continue reading Disney makes Fox an offer it won’t refuse?
It is official:
The Walt Disney Company and Twenty-First Century Fox, Inc. (21st Century Fox) today announced that they have entered into a definitive agreement for Disney to acquire 21st Century Fox, including the Twentieth Century Fox Film and Television studios, along with cable and international TV businesses, for approximately $52.4 billion in stock (subject to adjustment).
[blah blah blah they’re totally doing a streaming service]
Immediately prior to the acquisition, 21st Century Fox will separate the Fox Broadcasting network and stations, Fox News Channel, Fox Business Network, FS1, FS2 and Big Ten Network into a newly listed company that will be spun off to its shareholders.
Continue reading Mouse eats Fox.
Joe, I feel, gets right to the freaking point of the matter:
X-Men, too. And, hot damn! Deadpool. Assuming that the talks don’t fall through, of course. But if they don’t… oh, wow, watching the Mouse try to get a handle on the Merc with the Mouth would be epic. EPIC. They’d fall over themselves trying to thread that particular needle.