Comcast persists with possible all-cash bid for Fox assets

Virginia Carson
May 10, 2018

James Murdoch, the 21st Century Fox chief executive, is planning to strike out on his own if Fox's pending deal to sell much of the company to Walt Disney Co. closes, most likely by starting a venture-capital fund to invest in digital and worldwide media businesses, according to people familiar with the matter.

Disney will report earnings after the bell Tuesday and investors will no doubt be looking for guidance from Iger on the pending deal.

Chief Executive Bob Iger, on a conference call with analysts, said the company would consider expanding its parks business in China and other markets.

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The report added that there was no confirmation from Ferguson's family members, United or the hospital. I got a text on Saturday evening and I couldn't quite believe it". "I wish him the best".

That seemingly left no role for Murdoch, who has been telling people he won't be headed to Disney, the Journal reports. Prior to joining the company then known as News Corp. he co-founded Rawkus Records, a hip-hop label that launched the careers of many rappers.

For both Disney and Universal, the benefit of acquiring Fox's assets would be ownership of recognizable brands, film and television content for distribution across multiple platforms, and new avenues of distribution, such as Sky. A spokesperson for Disney was not immediately available. "He views himself as an operator", said one friend of James Murdoch.

The Walt Disney Company's road to acquiring 21st Century Fox just got bumper.

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In the festival's Un Certain Regard section is "Rifiki", a lesbian romance from Kenya that has already been banned at home . Faced with the prospect of only showing its films out of competition, Netflix withdrew its films from Cannes .

At the time, Walt Disney released a statement that said the companies had entered into a "definitive agreement" for the acquisition, which would include the 20th Century Fox Film and Television studios, along with cable and global TV businesses.

The takeover drama may not be over. Today, Comcast officially notified the European Commission of its bid for Sky, expediting the government review process. The conventional wisdom is that if the deal is allowed to proceed, Comcast would face less regulatory scrutiny in acquiring Fox which was cited by Fox as the main reason they did not pursue a deal with Comcast.

If a sale of the Fox entertainment assets goes through, Lachlan Murdoch would oversee the assets Fox isn't selling-including the Fox broadcast network, Fox News cable channel and Fox Sports 1. The 21st Century Fox deal is their latest battleground.

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He continues to voice Dr. ap in Bob's Burgers and he has seven projects in various stages of production. Ken ", in which he was also the creator, writer and executive producer.

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