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The Disney And Fox Deal Is Looking More Likely
Disney and Comcast have been involved in a major business battle over the purchasing of 21st Century Fox and while the fight isn't over, Disney just received a major win that makes it look like it may eventually come out on top. The Justice Department has given its approval of the purchase, meaning the U.S. government won't fight the deal in court on antitrust grounds. While Comcast could still try to make a move to take the deal away from Disney, the fact is that a Disney/Fox is looking much more likely today.
The Fox board is set to meet in July to discuss the potential sale options and the fact that the Justice Department has already given approval to a purchase by Disney will likely go a long way in helping make a decision. If the government had waited to give its approval then the Fox board would have to pick one of two options that were both only potentials. Now, one of them is a sure thing. Even if Comcast makes the decision to up its bid for Fox and Comcast offer more than Disney once again, that deal would require its own government approval. Fox would have the choice between the guaranteed money from Disney or the potential of more money from Comcast, with the possibility that deal could be killed by the Justice Department.
Comcast likely believes that it would get government approval as well, eventually. The cable giant waited to make the offer for Fox in the first place until the merger between Time Warner and AT&T was given the go-ahead, believing that decision would be an indicator of how things would go for Comcast here. The Justice Department was actually against that merger, though a federal court eventually ruled in favor of it. Since a Comcast deal is expected to come with more regulatory oversight, Comcast would need to up its bid significantly in order to make the additional work be worthwhile.
There was one caveat to the Justice Department's approval of the Disney purchase. Disney has agreed to divest itself of Fox's chain of regional sports channels that are part of the package Disney is looking to buy. Since Disney already owns ESPN the Justice Department felt that owning these channels in major markets along with the primary sports cable channel in the U.S. would have given the company a de facto monopoly on television sports.
Disney's current offer for Fox is $71.3 billion, up from $52.4 billion in order to counter a $65 billion bid from Comcast. Now we'll have to wait and see if Comcast decides to up its bid. The Wall Street Journal is reporting that Comcast is looking for private equity investors to do just that, so this fight certainly isn't over yet. CinemaBlend will continue to follow this closely until a decision is finally made.
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And yet we are all still waiting to see what is going on with Matt Reeves' Batman movie. The questions about the film are many and news about the project is scarce, but it appears that DC's Batman movie is finally coming together, at least according to one reporter.
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The latter is played by Oscar winner Lupita Nyong'o, who recently revealed the way she contributed to the character's development, saying: I remember talking to Ryan extensively about her. We were both very keen for her to be more than just the love interest, and we wanted her to have her own agency, to occupy her own space, as well as, of
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Home 2019 June 4 Dark Phoenix - What We Know So Far About The New X-Men Movie feel free to call us +646-389-3981 info@mmnofa.com admin , June 4, 2019 June 4, 2019 , Entertainment , 0
Dark Phoenix - What We Know So Far About The New X-Men Movie
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Looking back, the X-Men franchise was key in the development of the modern comic book movie genre, and 19 years after it started it's still serving up superhero shenanigans. While the Disney-Fox deal has certainly changed what the future could look like for the franchise, there are still a lot of possibilities for interesting-looking spin
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See the list of 2019 Oscar Nominations including best picture, best actors and actresses, and more. View trailers, photos and detailed information about the 91st Academy Awards nominees.
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Ryan Reynolds is basically using his regular voice for Pokemon: Detective Pikachu, but when he first joined the project, he was interested in taking his Pikachu's vocals in a much different direction, only for his suggestion to get shot down.
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Henry Cavill believes Tom Cruises Mission: Impossible - Fallout injury benefitted the film in the long run. As many viewers know, Cruise is extremely dedicated to performing his own stunts during
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Los Angeles:"Black Panther" actor Sterling K. Brown is torn about the Academy Awards new popular film category. At an event for "This Is Us" at Paramount Studios, Brown, who played N'Jobu in the Marvel blockbuster, told variety.com that his stance on the category — particularly as it relates to "Black Panther", which is eligible
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Much like we did for the Last Jedi, a few of us are going to review Solo: an Unnecessary Star Wars Story, the latest Star Wars anthology film. Not our Solo, he's totally necessary and we like and tolerate him. Obviously, some spoilers will happen here. I have never been so bored watching a Star
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John Wick Chapter 2 finished up at $92 million and $171 respectively. If Chapter 3 is able to keep its Thursday night pace going, it will very easily become the first of the franchise to break the
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The trailer contains a pair of flashback sequences that show Andy once again. One replays the moment from the end of Toy Story 3 where Andy gave his toys to Bonnie, but the other shows a scene of an even younger Andy playing with his toys.
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