|Bid||37.42 x 100|
|Ask||78.24 x 200|
|Day's range||49.15 - 49.52|
|52-week range||32.35 - 50.15|
|Beta (3Y monthly)||0.39|
|PE ratio (TTM)||18.72|
|Earnings date||5 Feb 2019 - 11 Feb 2019|
|Forward dividend & yield||0.36 (0.73%)|
|1y target est||50.31|
LOS ANGELES—The sale of major assets of 21st Century Fox Inc. will create two juggernauts of programming, Walt Disney Co. and Comcast Corp., that will tower over a rapidly consolidating media and entertainment landscape, according to a report by Ampere Analysis. Disney’s $71 billion deal to acquire Fox’s film and television divisions and Comcast’s agreement to buy the pay-TV operator Sky PLC will create companies that together control nearly 40% of all programming spending in the U.S., the analysis found. The findings underscore how traditional Hollywood studios are responding to the threat posed by Netflix Inc., which has pledged to spend $8 billion on programming and helped drive Disney to buy Fox in the first place.
Despite reports Apple only wants family-friendly video content, the company is negotiating the rights to violent Israeli show "Nevelot" (translation: "Bastards"), aiming to star Richard Gere with show-runners Howard Gordon and Warren Leight. The company has been pitching agents and show-runners for their best projects as it searches for its "Breaking Bad."
NEW YORK, Dec. 06, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Reportedly, Facebook (FB) acquires streaming rights for three classic shows from Twenty-First Century Fox for its video platform, Watch.
Out of the 26 analysts covering Walt Disney (DIS), 15 analysts have rated the stock a “buy,” while nine analysts have given the stock a “hold” rating. Only two of the analysts have rated the stock a “sell.” Disney’s better-than-expected results in both the fourth quarter of 2018 and fiscal 2018 results have made analysts positive on the stock.
Media giants Walt Disney (DIS) and 21st Century Fox (FOXA) were reportedly being accused of canceling a licensing contract related to the planned construction of a Fox-branded theme park. The US media and entertainment companies were charged more than $1 billion by Kuala Lumpur-based company Genting Malaysia, who has sued them for not complying with the contract to build a Fox-branded theme park at Resorts World Genting.
Late on Wednesday, Walt Disney’s (DIS) board announced it would hike the company’s semi-annual dividends. The company has raised its semi-annual dividend levels to $0.88 per share by 4.8% from the prior semi-annual dividend levels of $0.84. The new semi-annual dividend of $0.88 will be paid on January 10, 2019, to shareholders of record as of December 10. The company’s new semi-annual dividend of $0.88 would bring its total dividends for fiscal 2019 to $1.76 per share. The company last paid its semi-annual dividend of $0.84 per share in July 2018.
On November 28, Alphabet’s (GOOGL) subsidiary Google announced a new ad partnership with media giant Walt Disney (DIS) and ended its relationship with Comcast’s (CMCSA) ad tech subsidiary FreeWheel, which was acquired for $360 million in 2014. Under the new partnership with Google, Disney’s core ad tech platform will be managed by Google Ad Manager, which will also power Disney’s video and display ad business, according to a blog post.
Chief Political Anchor Bret Baier and The Story’s Martha MacCallum to Co-Anchor Coverage of the Bush Funeral at the Washington National Cathedral
Walt Disney (DIS) agreed to buy media and entertainment assets including a 39% stake in London-based Sky from Rupert Murdoch-owned 21st Century Fox (FOXA) for $71.3 billion in June. Disney now remains on track to purchase Fox’s assets including film and TV studios, cable networks such as FX Networks, and Fox Sports Regional Networks, Fox Networks Group, stakes in National Geographic Partners, Indian satellite TV group Star India, Hulu, and other assets.
Walt Disney (DIS) is on track to acquire media and entertainment assets of 21st Century Fox (FOXA), after giving its 39% stake in London-based pay-TV broadcaster Sky to Comcast (CMCSA). Cable and media company Comcast was earlier a rival bidder for Fox assets but then later decided to withdraw to focus on the Sky acquisition.
Amazon (AMZN) has reportedly shown interest in purchasing the 22 local sports networks that Walt Disney (DIS) must sell to move ahead with the deal to buy most of 21st Century Fox’s (FOXA) assets. Amazon is bidding for the New York-based YES Network and New York network along with an unknown sovereign wealth fund and the Yankees. Along with Amazon, Sinclair Broadcast Group, KKR, Blackstone, and Apollo Global Management were also seeking to buy Disney’s regional television sports networks.
Walt Disney (DIS) received US regulatory approval in June 2018 to acquire most of 21st Century Fox’s (FOXA) media and entertainment assets, including Fox’s regional sports networks (or RSN), for $71.3 billion. After the sale of 22 RSNs, the deal would give Disney ownership of Fox’s film and TV studios, cable networks such as FX Networks, Fox Networks Group, stakes in National Geographic Partners, Indian satellite TV group Star India, Hulu, and other key assets.
FOX News Channel has signed Emmy-nominated television host Jedediah Bila to a contributor role, announced Lauren Petterson, Senior Vice President of Morning Programming & Talent Development for the network.
MLB is considering a bid for the 22 Fox regional sports networks up for sale. That would not be as crazy as it sounds.
Resort developer Genting Malaysia's lawsuit seeking $1 billion in damages from Walt Disney Co. and Fox Entertainment Group for alleged breach of contract related to a theme park, is "without merit," Disney said Tuesday. The lawsuit filed Monday in the Central California District Court cites damages from Fox's withdrawal from an agreement set in 2013 to license its intellectual property for a Fox World theme park in Resort World Genting, a sprawling facility perched on a mountain in Malaysia. The theme park would have been Fox's first.
KUALA LUMPUR, Malaysia (AP) — Resort developer Genting Malaysia has filed a lawsuit in California seeking at least $1 billion in damages from Walt Disney Co. and Fox Entertainment Group for alleged breach of contract related to a theme park, the company said Tuesday.
* Malaysian, Philippine shares decline most * Trump says will raise tariffs on $200 bln in Chinese imports * Trump to meet Chinese President Xi Jinping this week at G20 * Vietnamese stocks jump, Thai slightly ...
Shares in casino operator Genting Malaysia slid to a seven-year low on Tuesday after the company said it was suing Twenty First Century Fox and Disney for terminating an agreement over a theme park outside Kuala Lumpur. The Malaysian company is seeking damages of more than $1bn for breach of contract over a 2013 agreement with Fox allowing Genting to license Fox’s intellectual property to develop the Twentieth Century Fox World theme park at Resorts World Genting. Genting said Fox had terminated the agreement and claimed $46.2m in accelerated payments.
Walt Disney Co and Twenty-First Century Fox Inc were sued for more than $1 billion on Monday by casino operator Genting Malaysia Bhd, which accused them of abandoning a contract related to its planned construction of the first Fox-branded theme park. Genting said "seller's remorse" induced Fox, with Disney's help, to breach its 2013 contract with Fox Entertainment Group to license intellectual property for Fox World, a proposed addition to its Resorts World Genting complex, an hour's drive from Kuala Lumpur. Disney did not immediately respond to requests for comment.