Tag: The Walt Disney Company

Comcast has offered to buy the assets that 21st Century Fox agreed to sell to The Walt Disney Company for $35 per share in cash, a 19-percent premium on the Disney all-stock offer.

21st Century Fox has announced that Lachlan Murdoch will serve as chairman and CEO of the proposed "new Fox" following the deal with The Walt Disney Company, while Rupert Murdoch will serve as co-chairman and John Nallen takes on a broader role as COO.

The Walt Disney Company's revenues for the second quarter grew by 9 percent to $14.5 billion, delivering a net income of $2.9 billion, 23-percent higher than the year-ago period.

21st Century Fox has given the U.K. Competition and Markets Authority (CMA) two new proposals designed to address the regulator's concerns regarding the planned takeover of British broadcaster Sky.

The Walt Disney Company has reorganized its business segments into the newly formed Direct-to-Consumer and International; the combined Parks, Experiences and Consumer Products; Media Networks; and Studio Entertainment.

The Walt Disney Company has posted a 78 percent increase in profit for the first quarter, thanks in part to a federal tax cut.

The Walt Disney Company has agreed to acquire 21st Century Fox, including the 20th Century Fox film and television studios, along with cable and international TV businesses, for around $52.4 billion in stock.

The Walt Disney Company's fourth-quarter revenues fell by 3 percent to $12.8 billion, with profit down slightly at $1.7 billion.

The Walt Disney Company is launching branded channels on the iflix SVOD platform.

The Walt Disney Company, which saw its net income slip 9 percent in its third fiscal quarter to $2.37 billion, is planning to introduce new OTT services for ESPN and the Disney brand, effectively ending its distribution agreement with Netflix for subscription streaming of new releases.