**ITS OFFICIAL** Walt Disney buys 21st Century FOX

Joined
May 2, 2012
Messages
64,617
Reputation
27,636
Daps
384,070
Reppin
Ft. Stewart, Ga
hCoqvCg.gif


:dead:
 
Joined
May 2, 2012
Messages
64,617
Reputation
27,636
Daps
384,070
Reppin
Ft. Stewart, Ga

the next guy

Superstar
Joined
May 2, 2012
Messages
38,837
Reputation
1,477
Daps
37,264
Reppin
NULL
So how will the X-men get into the avengers phase 4? Reboot or will they run with jean being dead and cyclops being evil.
 

Optimus Prime

#AGGIEPRIDE
Supporter
Joined
May 2, 2012
Messages
19,722
Reputation
4,995
Daps
98,848
Reppin
NC A&T SU, Hornets, Panthers, North Carolina


A mega deal between Disney and Fox will be announced on Thursday, according to a new report on CNBC.

The $60 billion-plus pact will see Disney acquire key entertainment and sports assets from 21st Century Fox, including its film and TV studio. The CNBC report follows a Monday announcement that Comcast has opted out of its pursuit for Fox.

A spokesman for Fox declined comment. A Disney spokeswoman did not immediately respond to a request for comment. Shares of Disney were up 0.44% in early morning trading to just over $107, while shares of Fox rose .33% to $33.37.

Not all of Fox’s assets will go to Disney. The company will retain Fox News, the Fox broadcast network, and Fox Sports 1, which will be reconstituted into a new, independent company. According to CNBC, that would be worth roughly $10 a share. As part of the deal, Fox shareholders will get a stake in the new company, along with shares of Disney.

The pact is expected to dramatically reshape the entertainment business, eliminating one of the six major studios and giving Disney access to a vast library of shows and movies as it tries to launch a streaming competitor to Netflix. Under CEO Bob Iger, Disney has established a reputation for spending big to nab major entertainment companies, shelling out billions for the likes of Marvel, Pixar, and Lucasfilm.

giphy.gif
 
Last edited:

Norrin Radd

To me, my board!
Joined
Jun 9, 2013
Messages
48,158
Reputation
9,980
Daps
221,539
Reppin
Zenn-La


A mega deal between Disney and Fox will be announced on Thursday, according to a new report on CNBC.

The $60 billion-plus pact will see Disney acquire key entertainment and sports assets from 21st Century Fox, including its film and TV studio. The CNBC report follows a Monday announcement that Comcast has opted out of its pursuit for Fox.

A spokesman for Fox declined comment. A Disney spokeswoman did not immediately respond to a request for comment. Shares of Disney were up 0.44% in early morning trading to just over $107, while shares of Fox rose .33% to $33.37.

Not all of Fox’s assets will go to Disney. The company will retain Fox News, the Fox broadcast network, and Fox Sports 1, which will be reconstituted into a new, independent company. According to CNBC, that would be worth roughly $10 a share. As part of the deal, Fox shareholders will get a stake in the new company, along with shares of Disney.

The pact is expected to dramatically reshape the entertainment business, eliminating one of the six major studios and giving Disney access to a vast library of shows and movies as it tries to launch a streaming competitor to Netflix. Under CEO Bob Iger, Disney has established a reputation for spending big to nab major entertainment companies, shelling out billions for the likes of Marvel, Pixar, and Lucasfilm.

giphy.gif

F5BCGr4.gif
 
Top