Comcast announced an offer worth $65 billion for the bulk of 21st Century Fox’s businesses, setting up a showdown with the Walt Disney Company for Rupert Murdoch’s media empire.
The Walt Disney Company sharply increased its offer for 21st Century Fox June 20, as it looks to win a bidding war with Comcast for Rupert Murdoch’s entertainment conglomerate.
The Walt Disney Company has agreed to buy most of 21st Century Fox’s assets in a deal worth $52.4 billion, but things got complicated recently when Comcast made a rival offer that valued the business at $65 billion. It may stoke visions of blister
A Q&A with John Stankey, the new AT&T executive in charge of new Time Warner properties.
AT&T announced it had completed its $85.4 billion acquisition of Time Warner.
A Q&A with AT&T CEO Randall Stephenson.
Comcast plans to outbid Disney for Fox’s movie and TV studios, its cable networks and its stake in Hulu, as Comcast announced today it’s in “advanced stages of preparing an offer.” Murdoch, who heads Fox, already turned down a proposal from Comcas
AT&T and Time Warner plan to merge in a $85 billion deal that would unite one of the largest distributors of content with one of the biggest producers of content, a roster that includes hits like HBO’s “Game of Thrones,” the Harry Potter films
AT&T wants to buy Time Warner, and Wall Street, predictably, obliged, sending Time Warner shares up and AT&T stock down. Too bad the deal doesn’t make much sense.
The Forbes family, an emblem of American wealth and pioneer of business journalism, is giving up control over the media empire it cultivated for almost a century by selling a majority stake to a Hong Kong-based group.