Following a federal judge's approval of AT&T's merger with Time Warner, Comcast stepped forward with a $65 billion all-cash offer for Fox, which it billed as superior to The Walt Disney Co.'s $52.4 billion all-stock bid. Both Disney and Comcast (through its ownership of NBCUniversal) hold 30 per cent of the streaming service - 21st Century Fox owns another 30 per cent and Time-Warner owns the last 10 per cent. Comcast is expected to bid for some of Twenty-First Century Fox Inc. assets as soon as tomorrow.
It had previously approached Fox about a potential deal, back in November, but its efforts had been rebuffed and Fox had instead recommended an all-stock deal with Disney. The assets at stake include the Fox film studio (which owns the Avatar franchise, the film rights to the X-Men and Fantastic Four and the original Star Wars), its TV studio, its cable networks and its stake in Hulu.
Disney itself has "surgically" structured a transaction that "might be doable", avoiding Fox Broadcasting and big Fox sports channels, USA antitrust chief Makan Delrahim said last week.
Roberts said Murdoch had built "one of the world's great media and entertainment companies", and that its history was similar to that of Comcast's.
A judge approved AT&T's $85.4 billion takeover of Time Warner on Tuesday, signaling that other deals could likely be approved as well.
Battlefield V will have battle royale
More details are expected to come during Microsoft's Xbox showcase tomorrow, June 10. Blackout, Call of Duty's version, is set to be available at launch.
"Our proposal represents a premium of approximately 19 percent to the value of Disney's offer as of noon today". It also offered to pay Fox's $1.525 billion breakup fee owed Disney, if Fox went with Comcast.
Henry Su, an antitrust expert with Constantine Cannon LLP, said that Comcast already owns significant amounts of content because it bought NBC Universal. According to regulatory filings, an unnamed company, widely thought to be Comcast, previously made an offer for Fox.
Why this matters: Although the ruling is a huge setback for the DoJ, its almost two-year legal battle to try and block the Time Warner deal is a sign it's determined to challenge massive mergers. Disney wouldn't face the same issues because it isn't a television distributor as the way Comcast and AT&T are. Disney and Fox did not immediately respond to a request for comment.
Update: Fox sent out a statement confirming that it has received the bid.
And the AT&T-Time Warner deal is not necessarily yet in the clear.
Just because Comcast has made a higher offer doesn't mean that Fox will take it.
Well... here's that previously-promised other side to the story! Way back in 2013 she was arrested for a DUI. Officers arrived shortly thereafter and made contact with Abraham , whom the complaint was about.
That's a solid turnaround for him since a CNN poll last November showed 35% approval of Trump's handling of North Korea. He was taken straight from Lunken Airport to University of Cincinnati Medical Center, where he died six days later .
Italy had argued that Malta, a tiny island nation that also is an European Union member, was the safest, closest port to the ship. Malta and Italy thanked Spain for stepping up, but maintained their dispute over who was responsible.
There are new and returning stages as well as new looks for veterans like Link's Breath of the Wild Outfit and Peach's Daisy skin. This took up the bulk of the Direct, as it went over changes and updates to numerous characters' attacks and appearances.
The Spaniard also won the title without losing a set, becoming the third man to do so in the Open era after Ilie Nastase and Borg. At 2-1 in the fourth set, Nadal stopped serving during a game because he couldn't straighten his left middle finger.
Developers will have to integrate support for Shortcuts into their apps, and users will have to build their own Shortcuts recipes. It remains to be seen whether or not this new group FaceTime feature will run smoothly when iOS 12 launches later this year.
Robert De Niro walked onto the stage of the 72nd Tony Awards on Sunday night to introduce a performance by Bruce Springsteen . Onstage guests were volunteers and staffers from three organizations that bring relief to areas impacted by natural disasters.
Of course, the biggest reveal was that the Anthem release date is February 22, 2019, on PS4, Xbox One , and PC. Many see it as the successor to BioWare's Mass Effect series, which has been killed off for the time being.
Gates pleaded guilty to conspiracy and lying to investigators earlier this year in a cooperation deal with the government. Mr Mueller has yet to assert that Mr Manafort's Ukraine and Russian connections resulted in any election-meddling.
The World Cup will kick off in Russian Federation on Thursday and bring the "greatest show on earth" to the Kremlin's doorstep. I don't feel betrayed. "You can't do things like that, five minutes before it's official".
It's likely we'll see more of Rage 2, and hopefully some more of Fallout 76 , but maybe there will be a few surprises in store. Fallout Shelter was surprised released at E3 in 2015 on iOS, and was quickly followed up with an Android version.
For football fans, the announcement also carried huge news for those who are looking forward to the next Madden game. The trailer for Madden NFL 19 made its debut Saturday as part of the EA Play press conference at E3.
World Cup is awarded to North America
Late switchers included the Netherlands - which backed the Morocco bid - and South Africa, which supported the US-led bid. Not to mention the 2026 World Cup will coincide with the 250-year anniversary of the U.S.' independence.
New Tesla software to offer 'full' autonomy, Musk says
As to the benefits, Musk noted that "these rocket engines dramatically improve acceleration, top speed, braking & cornering". Musk has also started to rant against the media for what he perceives to be negative coverage of Tesla .
IHOP? IHOb? What's with the name change?
In fact, most people felt like the "b" was probably going to stand for " breakfast ", which would have made a lot of sense. Some are calling it an "epic fail", saying it's the least likely reason to go to a restaurant known for its pancakes.
Justify Wins Belmont to Become 13th Triple Crown Champ
The most recent horse to win both the Kentucky Derby and the Preakness and lose at Belmont Park was California Chrome in 2014. Sunny Jim Fitzsimmons, who trained Gallant Fox in 1930 and Omaha in 1935 to Triple Crowns, is the other.
Nabil Fekir’s move to Liverpool is now OFF
Numerous reports have cited Liverpool's attempt of lowering Fekir's transfer fee as the main reason Lyon scrapped the move. There were doubts as to whether the playmaker would pass a medical with the Premier League side due to a knee injury.
President Trump Barrels into Tense G-7 Summit
Trump had told Trudeau any retaliation would be a mistake and the prime minister agreed that it was "not something we want to do". Jeff Flake, a frequent critic of the president on foreign policy, also tweeted , "No, Russia should not be added to the G-7".