After an almost certain victory for Disney was recently announced, Comcast has confirmed it’s pulling out of the bidding war it started with the Mickey Mouse company to acquire Fox’s media assets, including 21st Century Fox. The NBCUniversal owner originally bid $65 billion for the
AT&T may have already finalized its acquisition of one of the biggest media companies in the world, but that doesn’t mean further attempts can’t be made to separate the companies. According to new court records released this week, the U.S. Justice Department plans to file
Disney’s Acquisition of 21st Century Fox Has Bee Approved by the Justice Department, Under One Condition
This isn’t over, however.
Following Comcast’s all-cash bid of $65 million.
After a rough 20 month battle with the US Justice Department, AT&T has finally completed its acquisition of media giant Time Warner. The deal, valued at $85 billion, makes the carrier one of the largest media brands in the world with properties such as HBO,
Back in May, Comcast stated it planned to outbid Disney in an attempt to snatch up assets being sold by Fox. This includes things like film and TV studios, movies like X-Men and Deadpool, and even shows such as The Simpsons and The Americans. While it didn’t have a bid back then,
Back in 2016, AT&T announced it planned to acquire media giant Time Warner for $85 million paid out half in cash and half in stock at $107.50 a share. However, after Donald Trump was elected president, he announced he planned to block the acquisition because
The companies hope to gain a new level of trust among the developer community.
Back in December, Disney announced a multi-billion dollar deal it planned to make with Fox that would see the magical company obtained major entertainment assets such as film and TV studios, movies like X-Men and Deadpool, and even shows such as The Simpsons and The Americans. It was assumed the Walt Disney-founded
The new company will be valued at $146 billion.
Following a recent report out of Reuters that claimed talks were back on, CNBC is saying Sprint and T-Mobile are finalizing a deal that will see the two carriers merge. This conversation between the companies has been stricken up multiple times, most recently late last year
Disney has acquired Fox’s entertainment division, 21st Century Fox, for $52.4 billion in a major move that will shake up the media industry. The move places most of Fox’s major entertainment assets under Disney such as film and TV studios, movies like X-Men and Deadpool,
“Let’s get everything, except news and sports,” said Disney in a mischievous voice.
After weeks and weeks of speculation from heated reports that flew in like hawks, T-Mobile and Sprint have both announced they’re no longer in talks regarding a possible merger. The identical reason the two carriers say they aren’t merging is that “the companies were unable
Apple has posted its Q4 earnings for FY 2017 and is reporting revenue of $52.6 billion with $10.7 billion in profit. This was earned by selling 46.7 million iPhones, 10.3 million iPads, and 5.4 million Macs. For this quarter, it’s important to focus on the
Apple just announced its fiscal Q3 2017 earnings, and it goes to show what Apple’s doing with the iPad is working. The company brought in $45.4 billion revenue over $50.6 billion collected last quarter. $8.72 billion of that is all profit. This is thanks to
We originally reported Jeff Bezos, the billionaire who founded and is the CEO of Amazon, had taken the reigns to become the richest person in the world, beating Microsoft founder Bill Gates who has held the title for roughly four years. However, due to Amazon
LG lost money this quarter, and they really need to do something big to fix that.
Samsung’s Q2 2017 results are coming later this month, and the company has released earnings guidance to give everyone an idea of how they believe they’ve performed over the last quarter. And surprisingly, it looks like Sammy is about to make company history. According to
Amazon today announced their latest stretch into the grocery market by acquiring Whole Foods for nearly $14 billion. The online retailer will pay $42 per share in an all-cash transaction that’s valued at $13.7 billion which includes Whole Food’s net debt. “Millions of people love Whole