Tag Archives: The Walt Disney Company

21st Century Fox Talent Talk with Disney CEO Over Acquisition Concerns

In mid-December, The Walt Disney Company and 21st Century Fox announced they had “entered into a definitive agreement” in which Disney would acquire 21st Century Fox. Since that announcement, some 21st Century Fox producers, screenwriters, and executives have become concerned on what the future will hold. Would their edgier properties become “Disney-fied”? Screenwriter for shows […]

BREAKING: Disney Acquires Twenty-First Century Fox, Inc., Iger to Remain CEO Through 2021

As we expected, The Walt Disney Company and Twenty-First Century Fox, Inc. (21st Century Fox) have officially announced this morning that they have “entered into a definitive agreement for Disney to acquire 21st Century Fox, including the Twentieth Century Fox Film and Television studios, along with cable and international TV businesses, for approximately $52.4 billion […]

Disney-Fox Deal Could Finalize This Week

According to reports from CNBC and Variety Magazine, Disney and Fox could be striking a $60 billion deal as early as Thursday, December 14th. The Walt Disney Company would acquire Twenty-First Century Fox’s film and TV studios in this pact. While Disney would obtain major sports and entertainment assets, Fox would retain Fox News, the […]

Comcast No Longer Pursuing Purchase of Twenty-First Century Fox Assets, Disney Continues Negotiations

While negotiations continue between Fox and the The Walt Disney Company, Reuters is reporting that Comcast has dropped its bid for assets of Twenty-First Century Fox. Comcast said in a statement, “When a set of assets like Fox’s becomes available, it is our responsibility to evaluate if there is a strategic fit that could benefit […]

The Walt Disney Company Adds Two New Members to the Board

Effective February 1, The Walt Disney Company will welcome Safra Catz, chief executive of Oracle, and Francis A. deSouza, chief executive of Illumina, to its board of directors. It hasn’t been determined which committees the new members would serve on. They will join 12 other members, “including Facebook’s Sheryl Sandberg and Twitter’s Jack Dorsey.” The […]

Disney CEO Bob Iger Possibly Extending His Tenure Until 2021 or 2022

According to CNBC, Disney CEO Bob Iger will likely extend his stay in the company beyond the previously pledged timeframe of 2019. The reasoning behind the extension would be due to the possible deal of The Walt Disney Company buying Twenty-First Century Fox assets. If the deal goes through it is likely that Iger would […]

Twenty-First Century Fox CEO Suggested as Replacement for Iger During Purchase Talks

The potential purchase deal between The Walt Disney Company and Twenty-First Century Fox just got even more interesting as Fox CEO James Murdoch is now being mentioned as a possible successor to Disney CEO Bog Iger. Earlier today, it was reported that the two companies are moving closer to a deal, with an agreement possible […]

Chairman of Walt Disney Parks and Resorts Bob Chapek Likely Successor to Bob Iger

According to a report by Bloomberg, Bob Chapek is now viewed among “people familiar with the company” as the likely successor to Disney CEO Bob Iger when he steps down in July of 2019. During Disney’s year-end fiscal reports on November 9, 2017, theme parks and resorts, the division which Chapek leads, was the only […]

Disney May Have Persuaded EA to Pull Star Wars Battlefront II Microtransactions

Electronic Arts (EA) has put a temporary stop to the in-game sale of virtual goods in its high-profile sequel to “Star Wars Battlefront” the night before the game’s launch. It’s being stated multiple online discussion forums that EA is bowing to pressure from the Walt Disney Company along with customers fearing that big spenders could […]

Disney Lays Off More Than 145 People for Parks and Resorts Restructuring

The Walt Disney Company notified Parks and Resorts cast members today that they are laying off 0.1 percent of the division, which would equal out to more than 145 positions. The jobs have been cut as part of a restructuring program, and Disney is assisting the affected employees in finding other positions both within and […]