High Tech > Business

In the battle for Twenty-First Century Fox, Comcast blinks

26 days ago   |   By Phys.org

In a battle among media giants for control of Twenty-First Century Fox's entertainment business, Comcast has blinked.
Read more ...

 

Comcast concedes to Disney in bidding war for Fox assets

26 days ago   |   By Reuters

Comcast Corp dropped its $66-billion bid for Twenty-First Century Fox Inc's entertainment assets on Thursday and said it would press on with its bid for European broadcaster Sky Plc , which Fox partly owns.
Read more ...

 

Comcast ends bidding war with Disney for Fox, will focus on Sky - CNET

26 days ago   |   By CNET

Fox has already agreed to Disney's $71.3 billion offer for its entertainment assets.
Read more ...

 

X-Men Closer To Joining MCU As Comcast Exits Bidding War With Disney

26 days ago   |   By GameSpot

It looks like the epic media battle to buy Fox's entertainment assets is nearing its end. It has been reported that Comcast will bow out of the bidding war with Disney, paving the way for the latter studio to take control of properties such as the X-Men, Alien, and Avatar. According to Variety , Comcast will instead focus on buying the European satellite TV provider Sky. With no other company involved in this multi-billion dollar bidding war, it looks certain that Disney will gain control of Fox's entertainment properties. In a statement, Comcast said that it "does not intend to pursue...
Read more ...

 

Comcast drops its pursuit of Fox, making way for Disney acquisition

26 days ago   |   By TechCrunch

Comcast announced this morning that it's halting its efforts to acquire the film and television assets of 21st Century Fox.
Disney made a deal to acquire those assets last year, but after a district court judge approved the merger of AT&T and Time Warner (despite the antitrust-related objections of President Trump's Department of Justice), Comcast announced another, higher bid .
That, in turn, prompted Disney to make an even higher offer of $71.3 billion. With Comcast dropping out, it seems like this bid will go through - if it can get regulatory approval.
Comcast says that instead of...
Read more ...

 

What you need to know in advertising today

What you need to know in advertising today

26 days ago   |   By Business Insider

Comcast said Thursday that it no longer intends to pursue its acquisition of some 21st Century Fox assets, handing Disney a victory in their bidding war.
The cable provider said it would instead focus on its fight with Fox for the British broadcaster Sky .
Comcast had entered a bidding war with Disney for some of 21st Century Fox's assets excluding the Fox News and Fox Business channels. Disney raised its offer on June 20 for the assets to $38 a share, or a total of $71.3 billion in cash and stock.
To
Read more ...

 

Comcast scraps Fox bid amid takeover battle with Disney

26 days ago   |   By Reuters

** Shares of Twenty-First Century Fox and UK's Sky dip after Comcast says abandons bid for Fox assets
Read more ...

 

Comcast drops pursuit for Fox assets, to focus on Sky offer

26 days ago   |   By Reuters

Comcast Corp said it dropped its pursuit of a group of media assets owned by Twenty-First Century Fox Inc on Thursday and will focus on its offer for European pay-TV group Sky Plc .
Read more ...

 

Comcast gives up on buying 21st Century Fox

26 days ago   |   By Engadget

The dance between Disney, Fox and Comcast has been complicated over the past few months, but it got a little simpler today. Comcast announced that it is withdrawing its offer to buy the assets of 21st Century Fox, according to CNBC. The company is in...
Read more ...

 

Comcast gives up on buying 21st Century Fox assets and leaves Disney as the winner

Comcast gives up on buying 21st Century Fox assets and leaves Disney as the winner

26 days ago   |   By The Verge

Comcast has formally withdrawn its competing $65 billion bid to acquire 21st Century Fox, ceding the rights to the entertainment company to Disney's upped $71.3 billion offer. Comcast says it will instead shift all focus to its ongoing efforts to acquire Europe's Sky instead.
Per an official statement from the company , “Comcast does not intend to pursue further the acquisition of the Twenty-First Century Fox assets and, instead, will focus on our recommended offer for Sky.”
Nothing is standing in Disney's way now
Disney first announced its bid for Fox's assets - which include the movie...
Read more ...

 

Comcast drops pursuit for Fox assets

26 days ago   |   By Reuters

Comcast Corp has dropped its pursuit of a group of media assets owned by Twenty-First Century Fox Inc on which it was bidding against Walt Disney , and instead will focus on its offer for UK TV group Sky , the company said on Thursday.
Read more ...

 

Comcast drops out of the $71 billion bidding war for 21st Century Fox assets, handing Disney victory

Comcast drops out of the $71 billion bidding war for 21st Century Fox assets, handing Disney victory

26 days ago   |   By Business Insider

Comcast said Thursday that it no longer intended to pursue its acquisition of some 21st Century Fox assets, ending a bidding war with Disney.
The company said it would instead focus on its offer for Sky.
Comcast had entered a bidding war with Disney for some of 21st Century Fox's assets excluding the Fox News and Fox Business Channels. Disney raised its offer on June 20 for the assets to $38 a share, or a total fo $71.3 billion in cash and stock.
"I'd like to congratulate Bob Iger and the team at Disney and commend the Murdoch family and Fox for creating such a desirable and respected...
Read more ...

 


Search by Tags

   Business      TechnologyNews      Entertainment      Media      21st century fox      Comcast      The walt disney company      Business      Comcast      Disney      Entertainment      Fox      Gear      Sky  


‘Dark Souls Remastered' finally hits Nintendo Switch this October

‘Dark Souls Remastered' finally hits Nintendo Switch this October

Dark Souls Remastered was originally supposed to release on Switch alongside the PS4, Xbox One, and PC versions, but it was delayed. Fans will be able to pick the game up this... Read more ...

MoviePass has less than two months left before it runs out of cash - and its...

MoviePass has less than two months left before it runs out of cash - and its latest changes won't save it

MoviePass' parent company, Helios and Matheson, has less than two months of cash left at the rate it was burning through its funds in the second quarter. Even if it was able to... Read more ...

YouTube TV expands into its 100th service location

YouTube TV expands into its 100th service location

YouTube has just announced a big milestone for its livestreaming television service, YouTube TV. The company has expanded the product into its 100th service location, making it... Read more ...

Nvidia GeForce RTX 2080: Rumors, Release Date and Price

Nvidia GeForce RTX 2080: Rumors, Release Date and Price

Here's everything you need to know about Nvidia's upcoming RTX 2080 graphics card. Read more ...

Microsoft Reveals New Translucent Xbox One Controller

Microsoft Reveals New Translucent Xbox One Controller

A new, translucent Xbox One controller, called the Phantom Black Special Edition, will be released worldwide on September 11 for $70 USD. As detailed on Xbox Wire , the sleek... Read more ...

10 common Google Pixel problems and how to deal with them

10 common Google Pixel problems and how to deal with them

Google's Pixel smartphone may be running the latest software, but it still has its fair share of issues. We've rounded up some of the more common Google Pixel problems, along... Read more ...

Star Trek: Discovery's Spock will be played by Gregory Peck's grandson

Star Trek: Discovery's Spock will be played by Gregory Peck's grandson

Earlier this summer, at 2018's San Diego Comic-Con, Star Trek: Discovery showrunner Alex Kurtzman confirmed that Spock, the beloved half-Vulcan second-in-command of the... Read more ...

The rise of Sean Rad, who served as Tinder CEO twice and is now taking on...

The rise of Sean Rad, who served as Tinder CEO twice and is now taking on Match Group and IAC in a $2 billion lawsuit

Tinder founder Sean Rad has had a tumultuous few years. When Tinder launched in 2012, it was a near-instant success. The dating app made over a million matches in less than two... Read more ...

Buying Windows 10 PCs on Newegg gets simpler with Microsoft's new tool

Buying Windows 10 PCs on Newegg gets simpler with Microsoft's new tool

Microsoft and Newegg has made buying a Windows 10 PC or laptop a little less complicated. The two firms have developed a new web software tool called the Windows 10 Advisor... Read more ...

We're lovin' these toaster ovens that do way more than brown bread

We're lovin' these toaster ovens that do way more than brown bread

Are you looking for a toaster oven that can make jerky or steam vegetables? Do you need a dedicated countertop appliance for making pizza? Fortunately, these toaster ovens... Read more ...