Disney CEO Bob Iger resigns from Apple board

Apple Inc said on Friday that Walt Disney Co Chief Executive Officer Bob Iger had resigned from the company’s board of directors on September 10 as the two companies prepare to compete head-to-head in the streaming television business. Iger departed Apple’s board the same day the company revealed new details about Apple TV+, a $4.99-per-month… Read More Disney CEO Bob Iger resigns from Apple board

Sinclair Broadcast to acquire Disney’s regional sports networks in over $10billion deal

Sinclair Broadcast Group Inc, the largest U.S. broadcast station owner, has reached a deal valued at more than $10 billion to buy 21 regional sports networks from Walt Disney Co, the Wall Street Journal reported on Thursday. The deal, which would include sports channels in Los Angeles and Detroit, is expected to be announced as… Read More Sinclair Broadcast to acquire Disney’s regional sports networks in over $10billion deal

Walt Disney completes acquisition of Twenty-First Century Fox’s assets

Walt Disney Co closed its $71 billion acquisition of Twenty-First Century Fox Inc’s film and television assets on Wednesday, giving its upcoming streaming service a range of popular content as it takes on Netflix Inc. The deal will expand Disney’s portfolio of some of the world’s most popular characters, uniting Mickey Mouse, Luke Skywalker and… Read More Walt Disney completes acquisition of Twenty-First Century Fox’s assets

Disney wins approval to acquire Twenty-First Century Fox for $71.3billion

​Walt Disney Co won U.S. approval to buy Twenty-First Century Fox Inc entertainment assets for $71.3 billion on condition it sell Fox’s 22 regional sports networks, the Justice Department said on Wednesday, giving Disney an edge over Comcast Corp’s competing bid. The Fox movie franchises and TV shows have been the subject of a bidding… Read More Disney wins approval to acquire Twenty-First Century Fox for $71.3billion

Comcast offers to acquire Fox’s media assets in $65billion deal 

Comcast Corp offered $65 billion on Wednesday to lure Twenty-First Century Fox Inc away from a merger with Walt Disney Co, setting up a bidding war between two of the largest U.S. media companies with its 20 percent higher offer. Comcast Chief Executive Brian Roberts said he was highly confident regulators would allow Comcast to… Read More Comcast offers to acquire Fox’s media assets in $65billion deal 

Walt Disney to create live sports, news and entertainment shows for Twitter

​Walt Disney Co will create live sports, news and entertainment programming specifically for Twitter Inc’s social network, a move to attract online viewers and advertising revenue through digital video. Comcast Corp networks including NBC and MSNBC, Viacom Inc’s Comedy Central, MTV and BET, and others also are developing content for the social network, according to… Read More Walt Disney to create live sports, news and entertainment shows for Twitter

Walt Disney set to acquire Fox Inc in deal worth $52billion

Walt Disney Co. on Thursday agreed to buy film, television and international businesses from Rupert Murdoch’s Twenty-First Century Fox Inc. for $52.4 billion in stock. The deal, which was announced on Thursday, will end more than half a century of expansion by Murdoch who turned a single Australian newspaper he inherited from his father at… Read More Walt Disney set to acquire Fox Inc in deal worth $52billion

Walt Disney threatens to pull ESPN, ABC off cable distributor Optimum

​ Walt Disney Co. has threatened to pull its programming from the fourth largest U.S. cable distributor, Altice USA, if the two parties cannot reach a deal before the end of the month, the cable company said on Sunday. New York-based Altice, which is owned by a European conglomerate and is better known as Optimum,… Read More Walt Disney threatens to pull ESPN, ABC off cable distributor Optimum