Tag: Fox
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 Will Divest Additional Fox Assets If Necessary to Complete Deal
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 Offers to Undertake Sky News Operation for 15 Year Period
Judge Rejects Disney, Fox, and Paramount’s Motion to Dismiss Copyright Claims in Stolen Tech Lawsuit
While initially approving the dismissal of copyright violation charges leveled against Disney, Fox, and Paramount, a federal judge has now ruled in favor of amended complaints by VFX firm Rearden LLC, and he used comparisons with Google and Napster to make his decision. This ongoing case centers around stolen motion capture technology that has been … Judge Rejects Disney, Fox, and Paramount’s Motion to Dismiss Copyright Claims in Stolen Tech Lawsuit
Comcast Makes $65 Billion Bid for Fox to Undermine Disney Deal
As was expected, given yesterday’s approval by a federal judge of AT&T’s acquisition of Time Warner, Comcast has just placed a $65 billion all-cash bid on 21st Century Fox assets, approximately 19% higher than The Walt Disney Company’s current $52 billion deal with the company. Prior to the December 2017 joint announcement by Disney and … Comcast Makes $65 Billion Bid for Fox to Undermine Disney Deal
Antitrust Chief Comments on Disney, Fox’s ‘Surgically’ Designed Deal
As Fox investors prepare for a July 10th vote on The Walt Disney Company’s acquisition of 21st Century Fox properties and Comcast may attempt to outbid them with a larger cash offer, some remarks from Makan Delrahim of the U.S. Department of Justice’s antitrust division may lend a clue as to how the finale to … Antitrust Chief Comments on Disney, Fox’s ‘Surgically’ Designed Deal
Fox Schedules July 10th Vote for Disney Deal
With a long-rumored competing Comcast bid now officially announced, Twenty-First Century Fox Inc. has set a July 10th special meeting where stockholders will vote on the Disney acquisition of numerous Fox properties. The $52.4 billion Disney deal is currently undergoing regulatory inspection, and is still within the 12-18 month window initially estimated for it to … Fox Schedules July 10th Vote for Disney Deal
Fox Searchlight Adds TV Division to Their Portfolio
In the midst of the Walt Disney Company’s pending acquisition of 21st Century Fox, Fox Searchlight has just announced that they will be launching a television division with David Greenbaum and Matthew Greenfield at the helm. Greenbaum and Greenfield have been in high demand since the Oscar success of The Shape Of Water and Three … Fox Searchlight Adds TV Division to Their Portfolio
Studios’ Motion to Dismiss Motion Capture Lawsuit only Partially Succeeds
In mid-July of last year, effects firm Rearden LLC put forth a round of lawsuits against Disney, Fox, and Paramount claiming that the studios used stolen motion capture technology in the creation of feature films and violated copyright, patent, and trademark laws. A judge has now ruled on the studios’ joint motion to dismiss, rejecting … Studios’ Motion to Dismiss Motion Capture Lawsuit only Partially Succeeds
Disney Joins Fox in Voicing Concerns Over Data Used in AT&T/Time Warner Suit
The Walt Disney Company has recently stressed privacy issues regarding the use of data they provided for the Justice Department’s ongoing antitrust case against AT&T, mirroring concerns already voiced by Fox. Disney petitioned the judge hearing the case on Wednesday to strengthen an order in place which would keep the company’s data private if the … Disney Joins Fox in Voicing Concerns Over Data Used in AT&T/Time Warner Suit
Disney Joins Fox and Paramount in Stolen Tech Lawsuit Dismissal Attempt
Disney, Fox, and Paramount have just given their argument for the dismissal of a lawsuit involving the use of stolen motion capture technology in their films. The suit, put forth by VFX firm Rearden LLC, seeks damages and profits from the studios for the use of their stolen MOVA technology on the basis of copyright, trademark, … Disney Joins Fox and Paramount in Stolen Tech Lawsuit Dismissal Attempt