Tag: Disney
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Disney’s New Star Wars Series Has a $100 Million Budget
Recently Disney announced several new Star Wars shows for their new subscription streaming service. From a final season of Clone Wars to a new live-action Star Wars show. Now we get a rough idea of the commitment Disney is making. According to an interview in The New York Times Disney is planning to spend $100 million on the new…
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Disney Hints at a Launch Date for Their New Streaming Service
This week the head of Disney’s new streaming service sat down with The New York Times. During his talk we learned more about Disney’s plans for FOX content, Hulu’s future, and what we can expect from the new Disney streaming service. One of the most interesting hints he dropped was a possible launch window for…
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Disney & Fox Shareholders Approve The Fox Merger
This morning the shareholders of the Walt Disney Company voted to approve the purchase of most of 21st Century Fox. According to disney, 99% of the shareholders voted yes. FOX shareholders also approved the merger today. “We are extremely proud of the businesses we have built at 21st Century Fox, and firmly believe that this combination…
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Disney’s New Streaming Service Will Include a New Season of Star Wars The Clone Wars
Star Wars Clone Wars was a hit animated on Cartoon Network for 5 years. Today at ComicCon it was announced that Disney is bringing the show back for on the new Disney Streaming services. They also released a new trailer for the show that hints that this new season will close out the Clone Wars…
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Comcast Drops Their Plans to Buy FOX Leaving Disney as The Sole Buyer
Back in June Disney rushed out a $1.3 billion deal to outbid Comcast to buy FOX. Now Comcast has officially ended their plans to buy FOX. In a statement, today Comcast said: “Comcast does not intend to pursue further the acquisition of the Twenty-First Century Fox assets and, instead, will focus on our recommended offer…
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FOX & Disney Set a Date For Shareholders Vote on The Merger
Yesterday FOX & Disney announced a date for FOX shareholders to vote on a deal to merge with Disney. The vote will happen on July 27th, 2018 and is one of the final hurdles for Disney to clear before a merger can happen. “We are extremely proud of the businesses we have built at 21st Century…
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Disney’s Deal to Merge With FOX Receives Justice Department Approval
Today the Justice Department agreed to approve the Disney merger with FOX after Disney agreed to a few requests. Per the deal, Disney will sell off the all 22 FOX Regional Sports Networks like Fox Sports Detroit and Fox Sports Midwest as part of the deal. “We are pleased that the DOJ concluded that, with…
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FOX Agrees Merge With Disney After New $71 Billion Bid
Earlier today Disney rushed out a new $1.3 billion deal to outbid Comcast to buy FOX. Now FOX’s Board has officially agreed to sell most of FOX to Disney. “We are extremely proud of the businesses we have built at 21st Century Fox, and firmly believe that this combination with Disney will unlock even more value…
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Disney Just Outbid Comcast in Their Efforts to Buy FOX
Today Disney just hours before FOX was to consider a $65 billion dollar offer from Comcast upped their bid to $71.3 Billion. “The acquisition of 21st Century Fox will bring significant financial value to the shareholders of both companies, and after six months of integration planning we’re even more enthusiastic and confident in the strategic…
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Hulu’s Ownership Just Changed & Will Change Again Soon
This week Hulu’s ownership quietly but slightly changed. Not only that but soon Hulu’s ownership will change again. Since its launch no one company has had a majority share in Hulu since they launched; however, that will likely be changing soon. Disney, FOX, and Comcast currently own equal shares with Time Warner owning a 10%…