|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||89.65 - 90.38|
|52 Week Range||85.88 - 103.90|
|PE Ratio (TTM)||17.03|
|Forward Dividend & Yield||1.61 (1.78%)|
|1y Target Est||N/A|
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.
The house of Mouse is expanding. Disney is buying a huge chunk of 21st Century Fox in a $52.4B deal. Yahoo Finance’s Alexis Christoforous and Editor-in-Chief Andy Serwer breakdown the mega-merger.
The media giant envisions very different roles for Hulu and its newer streaming services. It also has big international ambitions.
Given the massive scale of Apple Inc. (NASDAQ:AAPL), company acquisitions probably won’t make much of an impact on AAPL stock — at least during the short-run. This would be the case even if the company did something like acquire Time Warner Inc (NYSE:TWX) or Twenty-First Century Fox Inc (NASDAQ:FOX).
In 3Q17, Time Warner’s (TWX) Turner segment reported advertising revenues of $963 million, which was 3.3% lower YoY (year-over-year).
To counter the threats arising from Marvel’s (DIS) popular Avenger movies, Time Warner released its much-awaited Justice League in November 2017, this year.
Leading media conglomerate Time Warner (TWX) continues to enhance shareholder wealth through regular dividend payments.