Wednesday, 22 November, 2017

Fox shares leap on reports of Murdoch family talks with Disney

21st Century Fox Has Held Merger Talks With Disney—Report 21st Century Fox looking to sell film studio and other properties to Disney after electing to downsize and focus on broadcast channel, Fox News and Sports and local affiliates says source
Kelvin Reese | 07 November, 2017, 01:13

Instead, it could refocus its business around a core group of news and sports assets like Fox News and Fox Sports 1. Disney isn't interested in Fox's broadcast network, Fox News; local broadcast affiliates; or sports programming, the network said. Disney could take over the FX Networks, National Geographic television cable groups, Fox's global channels and, perhaps most significantly, 20th Century Fox movie and TV production operations. For now, it looks like this deal is more about selling off the production assets and back catalog right now.

If The Walt Disney Company doesn't own the world yet, perhaps they will soon enough.

If Disney buys Fox, let be known that the Simpsons called it-almost 20 years ago.

USA resumes visa services in Turkey on "limited basis"
Turkey has pressed Washington for the extradition of the Pennsylvania-based Gulen, who denies any link to the coup bid. Turkey regards the YPG as an extension of the outlawed Kurdistan Workers Party (PKK).

No cooperation between Russian Federation and U.S. on North Korea
He said that the two leaders were able to talk frankly in a relaxed atmosphere while out on the course. Mr Peskov said: "There is no cooperation so far.

Western Alberta unemployment rate unchanged in October
That was the largest gain since July previous year , but was below economists' expectations for an increase of 310,000 jobs. The consensus call among traders was for a 15,000-job advance, according to economists at Royal Bank of Canada.

SuperHeroHype will keep you up to date on any new movement on this potentially momentous deal! That £11.7bn ($15.41bn) deal has run afoul of regulators' concerns about media plurality in the United Kingdom and the Murdochs' commitment to broadcasting standards. For one thing, Sky would be reportedly included in the sale, which would dramatically expand Disney's overseas sports presence. Disney would earn loads of money being responsible for 20th Century Fox's film and TV division.

"I see lots of synergies for Disney". For fans of comic book movies, this could be the biggest movie news of all time... That might lead to a focus on doing even more sports than they now do, and that's even before you consider to the apparent corporate emphasis on sports here.

Sheikh said he is surprised that the Murdoch family, which controls 21 Century Fox, would consider giving up control of the company. In 2016, Buena Vista (Disney) was #1 with over 26% of the movie market share of domestic box office alone, while Fox took slightly under 13% to place third. Disney would acquire Fox's movie studio, cable networks like FX, and worldwide holdings including its 39 percent stake in Sky.

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