In a statement Walt Disney Co said, it has named Rebecca Campbell as the head of its international content creation. She will oversee Disney’s expansion of regional content for its streaming services. Campbell will oversee the creation of more locally produced… Read More ›
Walt Disney Co
Walt Disney Co in final stage of negotiating ABC News president
On Friday, according to a media reports, Kimberly Godwin, the executive vice-president of CBS News, is in the final stages of negotiations with Walt Disney Co to become president of ABC News. Godwin, a 14-year veteran of CBS, could potentially… Read More ›
Disney enters into $5 billion credit agreement
In a statement, Walt Disney Co stated, it has entered into an unsecured credit agreement for $5 billion. The deal comes at a time when companies across industries are scrambling to bolster their liquidity to cope with the fallout of… Read More ›
Bob Chapek takes the helm at Walt Disney
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 ›
Australia’s Cotton On starts investigating usage of forced prison labor by China’s Zhejiang Yunguang Printing
On Tuesday, Australian clothing retailer Cotton On Group stated, it is investigating a Chinese supplier over fears that it uses forced prison labor. The development comes in the wake of British supermarket operator Tesco PLC suspending ties with the same… Read More ›
Canal+ to launch Disney+ in France through an exclusive deal before April 2020
In a joint interview to the French news daily Les Echos, Walt Disney Co and Vivendi SA stated, Disney+ streaming service will be launched on Vivendi SA’s pay-TV business Canal+ platform by the end of March 2020. Traditional media companies… Read More ›
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 ›
Comcast’s $40 billion acquisition of Sky sends Sky’s share shooting up
With Comcast’s bid winning the auction, a rare event, the U.S. Cable-TV giant now enjoys the spoils of owning Europe’s biggest pay-TV group. Early trade on Monday saw shares of Sky jump by 9% to 17.22, slightly below the 17.28… Read More ›
Comcast weighing options to acquire assets from Twenty-First Century Fox: sources
Although Fox prefers a deal with Disney rather than Comcast, more clarity on the deal will emerge later this summer when Fox, in its regulatory filing, justifies the potential deal with Disney, to its shareholders. According to sources familiar with… Read More ›
Walt Disney acquires 21st Century Fox Inc for $52.4 billion
The deal, representing on the biggest in the movie and television industry in recent years, should be seen in the context of viewers migrating to technology companies such as Amazon.com and Netflix for their on-demand, anywhere, anytime access features. No… Read More ›