|Bid||0.00 x 1000|
|Ask||109.75 x 800|
|Day's Range||108.05 - 110.88|
|52 Week Range||97.68 - 120.20|
|Beta (3Y Monthly)||0.51|
|PE Ratio (TTM)||15.07|
|Earnings Date||May 6, 2019 - May 10, 2019|
|Forward Dividend & Yield||1.76 (1.60%)|
|1y Target Est||126.45|
It's official Disney is acquiring Fox in $71 billion deal. Yahoo Finance's Julie Hyman, Adam Shapiro, Dan Howley, Sibile Marcellus and Akiko Fujita discuss.
Disney has acquired assets such as Star Wars, the Marvel Universe, The Simpsons and more as the company has finally closed its $71 billion deal for Fox.
Disney's massive deal to buy the majority of Fox's assets and franchises--including The Simpsons, Family Guy, Deadpool, and X-Men--for around $71 billion has finally gone through. Fox and Disney announced in their own press releases that the acquisition is expected to become effective at 12:02 AM EST on March 20. [Update: it's a done deal] "This is an extraordinary and historic moment for us--one that will create significant long-term value for our company and our shareholders," Disney CEO Robert Iger said in a statement. "Combining Disney's and 21st Century Fox's wealth of creative content and proven talent creates the preeminent global entertainment company, well positioned to lead in an incredibly dynamic and transformative era."
With the close of Disney's $71 billion acquisition of Fox's entertainment assets one analyst believes Disney now has the 'fuel in the engine' to take on Netfilx once it starts its streaming service next year. (March 20)
Joanna Coles, former chief content officer for Hearst and executive producer of Freeform's The Bold Type, and Joel Kulina, head of TMT trading for Wedbush Securities discuss the streaming landscape following Disney's acquisition of 21st Century Fox.
Nichols has built a reputation for asking the tough questions. Follow her path to ESPN’s ‘The Jump’ and her unrelenting approach to the job.
Walt Disney (NYSE:DIS) is one of the most powerful companies, in one of the most powerful sectors of any economy: entertainment. Before it became a company with a $164 billion market cap, with interests spanning the globe, Disney was more closely associated with the vision of the man after whom it was named. It was this vision that laid the groundwork for the company to become the media giant it is today.
"Dumbo" is tracking toward a $50 million to $60 million opening weekend box office haul. Three more of these films arrive later this year: "Aladdin" in May, "The Lion King" in July and "Maleficent: Mistress of Evil" in October. Soar," Timothy Q. Mouse tells an apprehensive Dumbo in Disney's DIS 1941 animated classic of the same name.
U.S. horse racing announcer Dave Johnson, who called Triple Crown races for ABC television for two decades, on Wednesday sued the makers of Bill Murray's 2014 film "St. Vincent" for using his signature phrase "and down the stretch they come" without permission. Johnson, 77, a Manhattan resident, accused the film's distributor Weinstein Co, the producers Chernin Entertainment and Crescendo Productions and other defendants of infringing his 2012 trademark in the phrase, one of the most recognizable in American sports.
A new study shows streaming video isn't a zero-sum game. That's good news for upstarts as well as established competitors.
Disney has closed its $71 billion acquisition for the majority of 21st Century Fox's assets. The key to determining this deal's success is if investors start viewing Disney more like Netflix. Disney DIS 's $71 billion deal for the majority of 21st Century Fox FOXA 's entertainment assets has closed .
Fox also announced that it will hold its first investor conference as a slimmed-down company on May 9, 2019.
The deal will expand Disney's portfolio of some of the world's most popular characters, uniting Mickey Mouse, Luke Skywalker and Marvel superheroes with Fox's X-Men, "Avatar" and "The Simpsons" franchises. The streaming service, Disney+, aims to make up for the continuing loss of subscribers from ESPN and other cable networks.
Disney has closed its $71 billion acquisition of Fox's entertainment business, putting "Cinderella," ''The Simpsons," ''Star Wars" and "Dr. Strange" under one corporate roof.
This is one way in which AT&T’s takeover of Time Warner and the rising popularity of streaming apps have upended the media industry, leaving smaller companies like Viacom most vulnerable. The carriage agreement with Viacom expires on Friday, putting its already struggling networks such as MTV, Nickelodeon, BET, Comedy Central and VH1 at risk of being dropped from DirecTV’s satellite service, which still had about 19 million customers as of December, after suffering more than a million defections last year.
Moody's Investors Service ("Moody's") has withdrawn the debt ratings and outlook for 21st Century Fox America, Inc ("21CF" or "the company") as a result of TWDC Holdco 613 Corp.'s (New Disney) successful tender offer and consent solicitation to remove substantially all of the restrictive covenants and 21CF's reporting requirement. Pursuant to the offer, New Disney has exchanged almost all outstanding debt issued by 21CF for notes issued by TWDC HoldCo 613 Corp. (New Disney) (A2, stable outlook). Roughly 96% of debtholders participated in the exchange which will eliminate a material degree of the potential structural subordination of debt at Disney and New Disney.
The ICC, the summer tournament for top European soccer clubs founded in 2013, previously had a three-year deal with ESPN that it signed in 2016.
FedEx led Wednesday's early declines, while Dow Jones stock Walt Disney edged higher, as stocks opened lower ahead of the Federal Reserve announcement.