Tag Archives: Walt disney co

European TV & Sports rocked by Comcast £30 billion takeover of Sky

The landscape of European media and sports is set to be disrupted, as this weekend US telecoms and entertainment giant Comcast won the blind-bid to take majority control of Sky Plc. Tabling a £29.7 billion offer at £17.29 per share, Comcast won the blind auction for Sky hosted by the UK Takeover Panel, completing European Media’s biggest ever acquisition. Led …

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Power Play… Murdoch’s $60 billion Fox divestment shakes up global sports

Global media has been shaken up by the news that Rupert Murdoch is preparing to sell 21st Century Fox and Fox Entertainment’s 39% stake in Sky UK to rival Walt Disney Co for a reported $60 billion deal (£45 billion). All eyes will be placed on today’s New York Stock Exchange opening, when Disney leaders are expected to present the …

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DraftKings valued at $1 billion as Disney commits to venture Investment

International media and entertainment provider Walt Disney & Co (Disney) has announced that it will invest $250 million in daily fantasy sports operator DraftKings. The investment venture will see Disney own approximately a 27% stake in DraftKings. The Disney investment represents a huge coup for DraftKings, who are expected to partner with Disney owned sports media provider ESPN, the US’ …

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