Comcast dropping out of 21st Century Fox bidding, clearing path for Disney
20 July, 2018, 03:54 | Author: Kristopher Anderson
It looked like nothing could get in the way of Disney acquiring 21st Century Fox.until Comcast threw it's hat in the ring and started to make offers to nab the studio's assets for itself. And as with any blockbuster franchise, there are already sequels lined up.
The bidding between Comcast and Disney is part of a bigger battle in the entertainment industry as media giants splash out tens of billions of dollars on deals to be able to compete with Netflix Inc NFLX.O and Amazon.com Inc AMZN.O .
Brian Faber of CNBC was the first to reveal the news to Walt Disney Company CEO Bob Iger when he called for comment on Thursday, who responded by saying: 'Holy crap!'
For Fox shareholders, they may enjoy seeing Comcast try, but for Fox employees... Fox will maintain control of the main Fox broadcasting network, along with Fox Sports 1 and Fox Sports 2 and the Fox News cable network.
Comcast had been dueling with Disney for Twenty-First Century Fox, but Comcast said Thursday that it would not raise its $66 billion offer for Fox. Apple is expected to join their ranks.
That left Disney in pole position as the sole bidder.
This opens up so many possibilities for Disney, but most fans are very excited at the idea of Fox's Marvel characters crossing over into the Marvel Cinematic Universe.
While an acquisition of Britain's Sky, a broadcaster of sports, films and TV shows to 23 million homes across Europe, would significantly diversify Comcast's business overseas, it would do little to give it scale in its core US market. By contrast, Trump and Rupert Murdoch confer regularly by phone, with Murdoch offering counsel in their talks and his Fox News' most popular shows offering cheerleading coverage.
With Comcast ostensibly out of the picture, Disney is poised to gain control of Fox's film and TV studios, along with a suite of cable networks (FX, for instance) and a 30 percent share of online streaming service, Hulu.
Indeed, Vox points out, CNN's Jim Acosta reported that the Trump team reviewed these comments by Kavanaugh before choosing him. The appointee would replace Justice Anthony Kennedy , 81, who announced last month that he will retire this summer.
When police showed up at the residence, the suspect opened fire at the officers, and the officers returned fire. He also spent a year playing for Anadolu Efes , a Turkish squad, before returning to Khimki in 2017.
They have been recovering in hospital since they were rescued over three days last week and will discharged on Thursday. They planned to be in the cave for an hour, but flood waters forced them deeper into the cave until they were stranded.
They will need more time to collect DNA samples or other evidence from parents who have been released from government custody. Parents who were deported without their children likely asked that their kids remain in the U.S., Azar said.
Putin will meet alone at the summit because the president decided that this is the right time for direct communication, said Mr. The summit will follow a NATO meeting in Brussels where Russian Federation will also top the agenda, said U.S.
Following the change, Tesla buyers will only be eligible to receive the full $7,500 federal tax credit until December 31. People walk past a showroom outside Tesla China headquarters at China Central Mall in Beijing, China July 11, 2018.
In a not unexpected development, the streaming giant Netflix led all other content providers with the most Emmy nominations today. Leading the nominations in totals by platform were Netflix (112), leapfrogging last year's leader HBO , which scored 108.
He trailed Max Muncy of the Dodgers 12-4 with 2:20 left, then peeled off six homers in 47 seconds before calling a timeout. A few years ago Major League Baseball revamped the Home Run Derby format to make things more exciting and hey, it worked.
For the Nintendo Switch, Epic games has also included motion controls which can be adjusted in the Settings menu. However, the first storm circle will now only ever do 1 damage, no matter how long you're stuck in it.
Meanwhile, another storm, Tropical Depression 3, is crawling over the Atlantic about 150 miles off Cape Hatteras, North Carolina. The center of Tropical Storm Fabio was located near latitude 20.2 degrees north and longitude 125.4 degrees west.
Thunderstorms, Heavy Rain Headed to MetroWest
In addition, there may be some vivid lightning and damaging, straight-line wind gusts within any of these storms. The next rain and storms chance is very slim with an isolated possibility on Sunday mainly in the afternoon.
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Nancy Sinatra, the first wife of Frank Sinatra, dies at 101
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Thai Cave Rescue: 4 More Brought Out So Far on Second Day
A mission to rescue a group of boys and their soccer coach trapped in the flooded cave since June 23 resumed hours earlier. The Thailand authorities have embarked on a rescue operation having assembled the best divers around the world.