Tag Archives: The Walt Disney Company

21st Century Fox Outbids Comcast to Acquire Remainder of Sky

21st Century Fox has just increased their bid to obtain the 61% stake of Sky that they don’t already own. 21st Century Fox and Sky have announced that they’ve reached agreement on an increased recommended pre-conditional cash offer for the fully diluted share capital of Sky which they do not already own at a price […]

Disney Launches #DreamBigPrincess To Empower Young Female Filmmakers

The Walt Disney Company announced on Monday that it would be launching #DreamBigPrincess, a new project that will give 21 talented young women from around the world an opportunity to create digital shorts focused on female role models and their inspiring stories. Each participant will be paired with inspirational and successful female subjects from a […]

Fox Shareholder Looks to Prevent Disney Acquisition; Files Lawsuit

On Friday in a Delaware federal court, Robert Weiss, a Fox shareholder, filed a lawsuit opposing Disney’s proposed purchase of the majority of 21st Century Fox. The Walt Disney Company finalized the deal with Fox back in December which has the potential to reshape Hollywood as we know it. According to The Hollywood Reporter, executives […]

Sky Executive Steps Down with Disney or Comcast Deal Looming

The Walt Disney Company and Comcast have an ongoing bidding war over Sky, a European broadcasting network. According to The Telegraph, the current chief strategy and commercial officer of Sky, Mai Fyfield, is now leaving the network as the deal with either of the two U.S. companies is imminent. Fyfield joined the network in 1999 […]

Disney Provides Hospital Care Packages to Children’s Hospitals Across the U.S.

Back in March, we shared details on how The Walt Disney Company launched their ‘Team of Heroes‘ program and made a commitment to donate at least $100 million in resources to reinvent the experience families have when their child is in the hospital. Disney has shown its dedication toward children’s hospitals dating back to its […]

Disney Wins Antitrust Approval on 21st Century Fox Acquisition

UPDATE 1:00 p.m.: The U.S. Department of Justice (DOJ) has cleared Disney’s acquisition of 21st Century Fox. The following details are directly from The Walt Disney Company’s release that was issued immediately following the clearance. The DOJ has entered into a consent decree with Disney and 21st Century Fox that allows the acquisition to proceed […]

SEC Filing Reveals That Fox Found Disney a Safer Bet Than Comcast to Pass Regulation

A United States Security and Exchange Commission filing on Monday revealed that 21st Century Fox deemed Disney more suitable to pass regulation than Comcast when weighing their options in the current bidding war. The filing stated that Fox believed a deal with The Walt Disney Company would ultimately be consummated after regulatory approvals, but that Comcast would […]

Disney Will Divest Additional Fox Assets If Necessary to Complete Deal

If required by regulators, The Walt Disney Company is willing to divest up to an equivalent of $1 billion in Fox assets in the interest of proceeding with its acquisition of 21st Century Fox. As reported by Reuters, a filing on Thursday confirmed that Disney is willing to part with additional assets which could include regional […]

Disney Offers to Undertake Sky News Operation for 15 Year Period

The Walt Disney Company has presented an arrangement to U.K. regulators that it would operate Sky News for a 15-year block of time. During this time, Disney would not sell Sky News without the permission of the U.K. government authorities. This proposition would give Sky News funding of $132 million a year for the 15-year […]

Disney Responds to Comcast’s Bid for 21st Century Fox Assets with Significant Increase

The Walt Disney Company has just raised its bid to purchase the majority of 21st Century Fox for $71.3 billion. This new bid amounts to $38 per share in cash and stock. Disney will also assume approximately $13.8 billion of net debt of 21st Century Fox. The acquisition price carries a total equity value of […]