Comcast, Verizon approached Twenty-First Century Fox to buy some assets
Nov 20, 2017, 01:56
21st Century Fox surprisingly became a takeover target earlier this month when word first surfaced that Disney recently held talks with Fox about buying key assets including the film and TV production studios, global TV platforms including Sky and Star India and the FX and National Geographic cable groups.
The suitors are Comcast, America's largest cable company, Verizon, its biggest mobile network operator, and Sony, a big player in the American television, film and music businesses.
Disney had sought a stake in European satellite carrier Sky PLC, the National Geographic, FX and Star India cable networks, and the 20th Century Fox film and TV studio, people familiar with the matter said earlier. A new report states that Sony Entertainment is also interested in acquiring Fox's movie assets. The rise of online competitors like Netflix and YouTube has slowed the growth of pay-TV, and Comcast, the biggest USA cable provider, has been adding film and TV assets to ensure it has a hand in both programming and distribution. Shares of Viacom Inc and CBS Corp also rose more than 2 percent, a sign investors may see then as potential targets.
Selling the entertainment business would be a good deal for Fox, said MoffettNathanson analyst Michael Nathanson.
Jason Heyward wins National League Gold Glove award
Winners are determined using a combination of advanced metrics (25 percent) and coach and manager voting (75 percent). He was seeking to become the first Detroit infielder to win back-to-back Gold Gloves since Lou Whitaker (1983-1985).
News of the approaches came the same day the U.S. Federal Communications Commission voted to end a 42-year-old restriction on ownership of multiple TV stations in a major market, removing a major roadblock to media company mergers.
Shares of other media companies which could be dragged into a round of consolidation of USA film and TV production and distribution were largely unchanged.
Last month, the regulators said they would assess Rupert Murdoch's influence on the country's political landscape as part of their investigation.
In the upcoming book , The Last Republicans , which explores the terms of both Bush presidents, former President George H.W. Updegrove in May 2016. "And I'm not too excited about him being a leader", he remarked .
World of Warcraft was the focus of some major announcements at this weekend's BlizzCon in Anaheim, California. There are also other battlegrounds in the pipelines, along with new arenas in Tiragarde and Zuldazar.
Police had issued a warrant for his arrest the night before, and received an anonymous tip for his whereabouts. Authorities are reviewing security video to identify the suspect, who fled in a auto before officers arrived.
Gates III have been indicted by Mueller's fishing expedition for wrongdoings like tax evasion that are unrelated to the campaign. Sessions has repeatedly come under fire for his statements regarding contact between the Trump campaign and Russian Federation .
However, we do not know for sure whether the new iPad will also allow wireless charging or if they will feature a glass back. A video was recently shared on reddit, in which a man demonstrates that his brother was able to unlock his iPhone X.
Patel also indicated on Friday that all meetings she held during her holiday have subsequently been made public. Patel should resign or face an investigation by the Cabinet Office for breach of the ministerial code.
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Joseph said Lynch hasn't played enough football yet since returning from the injury to be ready to start. The Broncos may look to trade him next offseason and move on with Osweiler, Lynch or someone else.
US President Donald Trump's Twitter account inadvertently deactivated on Thursday due to Twitter employee's mistake. And he has used Twitter in office like no president before him (and maybe no president who comes after him will).
The brand pulled in $112.5 million in revenue over the past year and UL believes that there is room for more growth. Starbucks said that, by selling Tazo, it would "sharpen its focus on its up-level tea strategy with Teavana".
Woman Alleges Al Franken Groped Her, Shares Photo
Tweeden said she was inspired to tell her story by women members of Congress who spoke up against harassment this week. I don't respect men who don't", said Franken, who joined the Senate in 2009 after a career as a comedian.
West Bengal Wins The Battle For Rosogolla
He was trying to come up with a new sweet for a number of years before he came up with it , As Reported By Hindustan Times . He had stated that there is conclusive evidence that Rosogolla has existed in the state for about 600 years.
Delhi government seeks exemptions for odd-even this year
We will go back to NGT on Monday, file a review petition for them to reconsider their decision regarding the two", said Gehlot. The AAP had alleged that the subtle burning in Punjab and Haryana, was the main cause of the rising pollution in Delhi .
Facebook brings Messenger payments to France and the UK
Payments take between one and three working days to clear into someone's account, depending on their bank account provider. Facebook has let users send money to friends and family through its Facebook Messenger app for well over two years.
Australia refuses New Zealand offer on refugees
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Doing business in India easier now: Modi
India is witnessing World Food India 2017, an investment opportunity for world's food processing fraternity. The prime minister gave credit to the farmers as being central to the country's efforts in food processing.