The Walt Disney Company has officially received the Justice Department’s blessing for its $71.3 billion bid for Fox, but now the clock is ticking.
The Walt Disney Company got the official approval to acquire 21st Century Fox, but the company must sell off Fox’s 22 regional sports networks.
Winning a deal for Fox assets would result in massive debt for Comcast. But one analyst has an interesting solution for the cableco.
Roku introduced Audience Marketplace, which will allow advertising buyers and sellers to target audiences on the Roku platform in the U.S.
WWE’s “SmackDown Live” is officially a Fox Sports program and will air every Friday night on the Fox broadcast network beginning in October 2019.
The national television advertising market stayed mostly flat in May and only rose 0.8% annually, according to Standard Media Index.
Gray Television is already planning TV station divestitures as part of its $3.6 billion Raycom merger to smooth the regulatory process.
Gray Television and Raycom Media will merge as part of a $3.8 billion deal creating a broadcasting company with 142 full-power television stations.
Disney is promising to sell off even more Fox assets if its $71 billion deal for the company’s studio and cable network businesses earns approval.
What happens when huge American corporations enter global recessions leveraged at more than 4X EBITDA? Oh, right, that.