Stories
Slash Boxes
Comments

SoylentNews is people

Shareholders Approve Walt Disney Deal for 21st Century Fox Assets

posted by martyb on Sunday July 29 2018, @04:41AM   Printer-friendly
from the crazy-like-a-[21st-century]-fox? dept.

realDonaldTrump writes:

"Shareholders of Walt Disney Co. and 21st Century Fox approved the $71 billion deal between the two companies on Friday, clearing another hurdle for a deal that will rattle the media and entertainment landscape and could inspire a wave of similar tie-ups."

wsj.com/articles/shareholders-approve-disneys-acquisition-of-fox-entertainment-assets-1532701190
NOTE: Paywalled.

Also at c|net:

Fox shareholders on Friday approved the sale of its entertainment assets to Disney for $71.3 billion, reported Bloomberg. Both companies' investors reportedly approved in separate votes at the New York Hilton Midtown in Manhattan.

Fox agreed to Disney's bid earlier in June and rejected Comcast's $65 million cash offer. 21st Century Fox is home to popular franchises such as X-Men, Deadpool, The Simpsons, Ice Age and Planet of the Apes. Disney could benefit from Fox's entertainment portfolio.

Comcast dropped out of the bidding war for Fox last week and moved on to UK broadcaster Sky.

Original Submission

 
This discussion has been archived. No new comments can be posted.
Shareholders Approve Walt Disney Deal for 21st Century Fox Assets | Log In/Create an Account | Top | 21 comments | Search Discussion
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.

  • (Score: 1, Informative) by Anonymous Coward on Sunday July 29 2018, @07:37AM (6 children)

    by Anonymous Coward on Sunday July 29 2018, @07:37AM (#714260)

    I'm wondering if today's Disney corp is what Walt had in mind. It boggles the mind to realize just how huge this company is today. They've come a long way from selling moralizing stories with cute cartoon characters to children, these days their mission seems to be more along the lines of global dominion over the entertainment industry.

    Starting Score:    0  points
    Moderation   +1  
       Informative=1, Total=1
    Extra 'Informative' Modifier   0  
    Total Score:   1  

  • (Score: 0) by Anonymous Coward on Sunday July 29 2018, @10:36AM (1 child)

    by Anonymous Coward on Sunday July 29 2018, @10:36AM (#714287)

    The more franchise movies they'll do, the sooner their demise.
    This whole world can't be that stupid to be fed with crap for that long. Or... can it?

    • (Score: 0) by Anonymous Coward on Sunday July 29 2018, @11:07AM

      by Anonymous Coward on Sunday July 29 2018, @11:07AM (#714301)

      This whole world can't be that stupid to be fed with crap for that long. Or... can it?

      Nom nom nom (hint, that's not popcorn we're eating).

  • (Score: -1, Flamebait) by Anonymous Coward on Sunday July 29 2018, @01:36PM

    by Anonymous Coward on Sunday July 29 2018, @01:36PM (#714343)

    So, the Jews did what they always do: Infiltrated and took over his organization.

    Having done that, they said to themselves "No what?"

  • (Score: 0) by Anonymous Coward on Sunday July 29 2018, @07:24PM

    by Anonymous Coward on Sunday July 29 2018, @07:24PM (#714427)

    Maybe Disney is out to kill public domain for good and everything else is just a byproduct.

  • (Score: 0) by Anonymous Coward on Sunday July 29 2018, @10:15PM

    by Anonymous Coward on Sunday July 29 2018, @10:15PM (#714480)

    South Park, The Ring episode.

  • (Score: 0) by Anonymous Coward on Monday July 30 2018, @12:48PM

    by Anonymous Coward on Monday July 30 2018, @12:48PM (#714690)

    So, the Jews did what they always do: Infiltrated and took over his organization.

    Having done that, they said to themselves "Now what?"