As of 12:02am Eastern today, Disney has closed its acquisition of 21st Century Fox . The goal of the enormous acquisition is to help Disney position itself for a streaming-centric future. The company has already taken a step in that direction with the ESPN+ streaming service, and it has plans to launch another service called […]
View More Disney closes its $71.3B Fox acquisitionCategory: 21st century fox
Disney says Fox acquisition will close on March 20
More than a year after the deal was first announced, it looks like Disney’s acquisition of 21st Century Fox is about to close. Disney announced today that the deal is “expected to become effective at 12:02 a.m. Eastern Time on March 20, 2019,” suggesting that it has obtained the final approval needed, specifically from regulators […]
View More Disney says Fox acquisition will close on March 20A big ruling against Fox raises concerns of ‘self-dealing’ with Hulu
An arbitrator has awarded $179 million in damages to the stars and creative team behind the Fox show “Bones.” As laid out in an in-depth Hollywood Reporter story, the ruling could have bigger implications for the streaming world, particularly as the major media companies are looking to launch their own streaming services, which will presumably […]
View More A big ruling against Fox raises concerns of ‘self-dealing’ with HuluStill a year away from launch, Meg Whitman and Jeffrey Katzenberg’s Quibi keeps adding talent
Video won’t start rolling on Meg Whitman and Jeffrey Katzenberg’s new bite-sized streaming service with the billion dollar backing until the end of 2019, but talent keeps signing up to come along for their ride into the future of serialization. The latest marquee director to sign on the dotted line with Quibi is Catherine Hardwicke, […]
View More Still a year away from launch, Meg Whitman and Jeffrey Katzenberg’s Quibi keeps adding talentPiano teams up with True[x] to combine advertising and paywalls
Nearly every online publisher has launched or announced a paywall — but of course, even the ones who are successful won’t convince every reader, or even the majority of readers, to sign up. Now Piano and True[x] say they’ve found more effective way to monetize the rest of the audience, without threatening crucial subscription revenue. […]
View More Piano teams up with True[x] to combine advertising and paywallsJeffrey Katzenberg and Meg Whitman announce the name of their stealthy mobile video startup
Called Quibi, short for quick bites, the company is creating content with notable filmmakers Sam Raimi, Guillermo del Toro and Antoine Fuqua.
View More Jeffrey Katzenberg and Meg Whitman announce the name of their stealthy mobile video startupOld media giants turn to VC for their next act
The Web 1.0 and Web 2.0 eras weren’t kind to the world’s largest media conglomerates, throwing their business models into question, creating whole new categories of content consumption, and bringing online competition to subscription and ad pricing. Many of the media giants from the 1990s and early 2000s remain market leaders with multi-billion dollar valuations, […]
View More Old media giants turn to VC for their next actComcast drops its pursuit of Fox, making way for Disney acquisition
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 […]
View More Comcast drops its pursuit of Fox, making way for Disney acquisitionBig tech companies are looking at Hollywood as the next stage in their play for the cloud
This week, both Microsoft and Google made moves to woo Hollywood to their cloud computing platforms in the latest act of the unfolding drama over who will win the multi-billion dollar business of the entertainment industry as it moves to the cloud. Google raised the curtain with a splashy announcement that they’d be setting up […]
View More Big tech companies are looking at Hollywood as the next stage in their play for the cloudComcast bids $65B for Fox assets, setting the stage for a fight with Disney
Comcast made good on its plans to make an offer for 21st Century Fox’s film and TV assets today, with a cash bid of $65 billion, or $35 per share. That’s 19 percent more than the $52.4 billion that Disney agreed to pay in December. This follows yesterday’s U.S. court approval of the merger of […]
View More Comcast bids $65B for Fox assets, setting the stage for a fight with Disney