In a statement Walt Disney Co stated, its chief exectuive Robert Iger will be stepping down and Bob Chapek, Disney’s Parks head will take over the reins of the company. Disney went on to dd, Iger will continue to keep… Read More ›
21st Century Fox
Disney agrees to divest Fox Sports in Brazil for its $52.4 billion acquisition of 21st Century Fox
Disney has agreed to divest the local rights for the Fox Sports channel in Brazil to a buyer at no additional costs. In a significant development, Brazil’s antitrust regulator, CADE stated, Walt Disney Co has accepted its demand to sell… Read More ›
Rupert Murdoch’s 21st Century Fox agrees to acquire Sky for 24.5 billion pounds
Having outbid Comcast, 21st Century Fox expects to receive regulatory approval from Britain later this week. On Wednesday, 21st Century Fox stated it has secured a deal to acquire Britain’s Sky for 24.5 billion pounds. Rupert Murdoch’s 21st Century Fox… Read More ›
Offices of 21st Century Fox Inc raided by officials from European Commission
The raid is linked to probable violations of EU antitrust rules. Investigators from the European Commission have carried out surprise inspections at the offices of firms linked to the broadcasting of sports events in several member states over concerns they… Read More ›
Fox and Blackstone Group to bid for Tribune Media Co
Their joint bid comes in less than 2 weeks after the U.S. Federal Communications Commission voted to lift the 2016 limit on the number of television stations broadcasters can buy. Sources familiar with the matter at hand have disclosed that… Read More ›