187.75 -1.81 (-0.95%)
After hours: 7:13PM EST
|Bid||187.75 x 300|
|Ask||188.00 x 100|
|Day's Range||187.20 - 192.64|
|52 Week Range||122.87 - 204.38|
|PE Ratio (TTM)||189.37|
|Earnings Date||Jan 16, 2018 - Jan 22, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||215.03|
The media landscape just got a little smaller. Disney is buying a big chunk of 21st Century Fox for $52.4 billion in stock. Porter Bibb of MediaTech Capital Partners breaks it down with Yahoo Finance's Alexis Christoforous.
Jamie Dimon says that the corporate tax cuts that Congress is close to getting done are akin to QE4. He made the remarks at an Axios event where he also defended share buybacks. Yahoo Finance's Alexis Christoforous and Jared Blikre discuss.
The FCC is set to vote on a proposal to scrap net neutrality rules today. FCC Commissioner Mignon Clyburn joins Yahoo Finance's Seana Smith, Andy Serwer, and Dan Roberts to discuss what will today's vote means for the future of the internet.
Tuna Amobi, CFRA Research, and Michael Breit, EisnerAmper, discuss whether Netflix should be worried about Disney's merger with some assets of Twenty First Century Fox.
The deal brings to a close more than half a century of expansion by Murdoch, 86, who turned a single Australian newspaper he inherited from his father at the age of 21 into one of the world's most important global news and film conglomerates. The new, slimmed down Fox will focus on TV news and sport. Early indications are that the deal will not face strong resistance from antitrust regulators as AT&T Corp's (T.N) bid to acquire Time Warner Inc (TWX.N) has done.
The Walt Disney Co.’s blockbuster acquisition of 21st Century Fox’s entertainment assets this morning will change the landscape of media, including how streaming video will evolve. The two media conglomerates were equal partners with NBCUniversal in Hulu, but now Disney (DIS) will hold a controlling interest of 60 percent. Meanwhile, the Burbank, California, studio announced plans this summer to launch a Disney-branded direct-to-consumer streaming platform in 2019 — a move that will yank Disney, Pixar, Marvel and Lucasfilm movies and television shows from streaming giant Netflix (NFLX).
The odds of popular services being blocked outright are low. But in time, desperate ISPs could launch other moves in the hopes of getting more revenue from consumers.
The companies announced in a joint statement Thursday that they entered into a definitive agreement that will see Disney acquire a substantial amount of 21st Century Fox’s assets, including the Twentieth Century Fox television and film studios. Disney will also officially acquire FX Networks, National Geographic, Fox Sports Regional Networks and Fox Networks Group International.
The media giant envisions very different roles for Hulu and its newer streaming services. It also has big international ambitions.
The end of net neutrality won’t mean that the phone or cable company will block your favorite internet services, because the FCC didn’t repeal the laws of economics, just a rule, writes Tim Mullaney.
Netflix, Amazon and the Democratic Party are among those speaking out against the repeal of net neutrality regulations.
U.S. equities are drifting lower on Thursday in the wake of a party-line vote by the FCC to repeal net neutrality rules imposed in 2015. The 3-2 decision removes the additional regulatory constraints imposed by the Obama Administration and shifts the balance of power from internet companies — mainly over-the-top streaming providers as well as hoarders of personal data — to telecoms delivering the data into homes.
Famed short-seller Jim Chanos is putting Netflix and other entertainment content providers in his cross hairs.
Many top tech leaders called the FCC's rollback of net neutrality 'extremely disappointing' and vowed to work with Congress.