For Disney, the opportunity to "take control of another movie studio and significant TV production assets" as it readies an OTT service is "attractive as is Fox' significant exposure to worldwide markets". The pre-merger clearance process would very likely take a number of months, and the final deal might look very different from what the studios agreed to at the beginning, especially if Disney is required to sell Fox assets to get government approval. But Disney would also "add entertainment networks" such as FX and NatGeo (CNBC.com, 11/6).
As CNBC noted, Fox believes a "more tightly focused group of properties around news and sports could compete more effectively in the current marketplace". The deal also would not include Fox's local broadcasting affiliates, CNBC reported. "Our analysis assumes Disney would have to pay FOX close to $37B for the assets", Jefferies analyst John Janedis wrote Tuesday.
One Wall Street said any potential asset sale will not come cheap.
According to CNBC, the talks have taken place over the last few weeks but there is no guarantee a deal will be finalized and the two sides are not in talks at the moment. The fact that the Murdoch family empire, or at least parts of it, are for sale is a "big change".
Iranians Commemorate 1979 US Embassy Takeover
The former U.S. embassy in Tehran is now a cultural centre but stands as a symbol of a USA defeat for many Iranians. One senior Iranian official accused the current USA administration of a "crazy" return to confrontation with Tehran.
The biggest aspect here is the purchase of the film studio. (Disney acquired ABC in 1996.) It would also exclude Fox's sports channels to avoid regulatory concerns that combining them with ESPN would be anticompetitive.
The two sides are not now talking, but had held talks in the last few weeks, CNBC reported, citing unidentified people familiar with the matter. "For those that have the National Football League now, it is the most important piece of programming, so the risk would be the next set of negotiations should drive up prices, and if you're smaller, it's going to cost you a lot more on earnings than it would if you were bigger" ("Squawk Box", CNBC, 11/7). Fox shares have been "swooning for much of the year". The new service would be the exclusive home of Disney and Pixar films, and acquiring Fox would give it control over more content, while keeping it away from competing services, most notably Netflix.
Fox was not immediately available for comment.
CNBC could not learn the possible structure of the deal between Fox and Disney, nor could the price that is being discussed be determined. So, while there's no deal yet, we wouldn't be surprised if "The Simpsons" is proven right once again.
However, with North Korea expected to be on top of the agenda, tensions are rising in South Korea ahead of Trump's visit. All 18 individuals on which the South Korean sanctions were imposed were directly affiliated to North Korean banks.
A source close to Sessions defended the attorney general, promising he "has been entirely truthful and consistent on this matter". To view the full article, register now. "I think the Democrats might want to be careful what they ask for".
Rather than fall in love, the two were caught committing a sexual act in their seats , and have since been issued citations. TWO plane passengers have been arrested after a woman performed a sex act on the man sitting next to her during a flight.
The disgraced movie producer, 65, showed up at her building after repeatedly calling her, according to the publication. We then sought to garner corroboration - this happened seven years ago - and we found corroboration.
The 77th-ranked Krajinovic had only won 17 matches in his whole career - thwarted by a wrist injury - before this tournament. Nadal has not said whether he will be fit enough to play in the season-ending ATP Finals, starting November 12 in London.
Liverpool cut through West Ham like a knife through butter! Liverpool, on the other hand, had them wrapped up with the goal . It was simply woeful defending and summed up yet another miserable night for West Ham at the London Stadium.
While he remains a supporter of an secession he has advocated a negotiated solution with the central government. He worked his way up to Catalan parliament and represented the political movement for independence.
Nasrallah urged Lebanese not to hold protests in response to the resignation, saying "this will not lead to any result". Having Lebanon plunged in chaos and instability can only exacerbate an already messy regional scene.
Consumers are paying less for cellphone service, thanks to T-Mobile's influence on the industry and the resultant price wars. Although it has cut its costs, Sprint is saddled with considerable debt and has endured numerous annual losses.
Lamar Odom Collapsed at a Nightclub
Two years after he suffered a near-fatal overdose, Lamar Odom has reportedly collapsed once again in a Los Angeles nightclub. A rep for the ex-Laker attributed Odom's collapse to dehydration and assured he is now "doing well".
Nokia 5 3GB RAM version launched in India for Rs. 13499
Even though the handset ships pre-loaded with Android 7.1.1 Nougat, the company has assured Android Oreo within the next few days. Nokia 5 features a 5.2-inch IPS display with HD resolution (1280x720) and 2.5D glass with 500 nits brightness.
Jaguars deactivate RB Fournette for violating team rule
The cornerback had spent the first half jawing at the normally reserved receiver, holding him to one catch for six yards. Ivory wouldn't find pay dirt himself, but he did more than an enough to offset the loss of Fournette for the ball game.
StarCraft 2 is going free-to-play this month
Those who are not free players can also unlock the ranked ladder by purchasing any campaign or War Chest season. If you already own Wings of Liberty , the second installment Heart of the Swarm will be available for free .