The Walt Disney Company Articles and News Stories
Disney/Fox Will Sell Sky Stake to Comcast
According to Variety, 21st Century Fox will sell their remaining 39% stake of Sky to Comcast. 21st Century Fox is in the process of being acquired by The Walt Disney Company. Disney has made the decision to sell off its remaining stake in Sky after Comcast outbid them for the majority of the pan-European media … Disney/Fox Will Sell Sky Stake to Comcast
Comcast Outbids Fox/Disney for Sky
Comcast Corporation announced today that they have “prevailed with the highest offer price in the auction to acquire” Sky a pan-European media network. In total Comcast offered $40.0 billion (or $22.59 per Sky share). Comcast outbid Fox, which offered $35 billion (or $20.63 per share). For the deal to be completed it must be approved … Comcast Outbids Fox/Disney for Sky
Disney and ABC Owned Television Stations Raise a Million Dollars for Hurricane Florence Relief
Eight ABC owned television stations spread across the country ran an on-air phone bank and online donation drive to raise money for the Red Cross Hurricane Florence relief drive. So far that drive has raised $538,886. The Walt Disney Company announced on Thursday that it be will be donating another $500,000 and that they would … Disney and ABC Owned Television Stations Raise a Million Dollars for Hurricane Florence Relief
ESPN+ Collects 1 Million Subscribers Since April Launch
Disney’s first step toward their goal of becoming a dominant force in the direct-to-consumer game has proven successful, at least in the short term. In just over 5 months since its launch, ESPN+ has 1 million subscribers under its belt. The Walt Disney Company launched ESPN+ in April of this year; the pay-subscription sports service … ESPN+ Collects 1 Million Subscribers Since April Launch
Auction Could Complicate Sky Purchase for Disney, Comcast
Another day, another complication in a Walt Disney Company/Comcast buyout competition. The most recent battle between the two entertainment giants has revolved around the purchase of the British pay-TV broadcasting company Sky, and the ongoing bidding war may end in an auction that could make things tricky for both American companies, according to a recent … Auction Could Complicate Sky Purchase for Disney, Comcast
Date Set for European Regulators to Approve Disney and Fox Deal
According to The Hollywood Reporter, October 19 has been set as the deadline for European antitrust regulators to determine whether they will approve The Walt Disney Company’s planned acquisition of 21st Century Fox. In June, Disney offered to acquire 21st Century Fox for $71.3 billion dollars. The European Commission will either approve of the deal … Date Set for European Regulators to Approve Disney and Fox Deal
Disney Lays Off Consumer Products Employees Ahead Of Fox Acquisition
During Disney’s 3rd quarter earnings report, CEO Bob Iger mentioned that the acquisition of major Fox properties would call for a reshuffle in certain departments of the company. The Consumer Products and Interactive Media Segment is experiencing growing pains with this partial merger as employees as far up as VP’s were laid off on Thursday. … Disney Lays Off Consumer Products Employees Ahead Of Fox Acquisition
Disney Tops Forbes’ List of the World’s Best Regarded Companies
This year The Walt Disney Company earned the number one spot on Forbes’ list of the World’s Best Regarded Companies. This moves Disney up four spots from 2017 when they were ranked number 5. Forbes hired Statista to manage the survey which asked people “how they perceive companies’ trustworthiness, social conduct, performance of their products or … Disney Tops Forbes’ List of the World’s Best Regarded Companies
Disney Launches Full Tuition Program for Cast Members
At the beginning of the year, The Walt Disney Company announced that they would be making a $50 million investment into a new education program for their cast members. The Walt Disney Company has officially announced the program will be named Disney Aspire. This new program will be a 100 percent tuition-paid education investment program … Disney Launches Full Tuition Program for Cast Members
D23 to Stream Ceremony as Walt Disney Studios Renames Soundstage for the Sherman Brothers
This afternoon, The Walt Disney Company will hold a ceremony to dedicate Soundstage A at the Walt Disney Studios in Burbank to the Sherman Brothers. Robert B. Sherman and Richard M. Sherman wrote music for Mary Poppins, The Jungle Book, Bedknobs and Broomsticks, The Aristocats, The Many Adventures of Winnie the Pooh and more. The … D23 to Stream Ceremony as Walt Disney Studios Renames Soundstage for the Sherman Brothers
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