5 billion in Fox’s offer.K.GBH Insights analyst Daniel Ives called Comcast’s move “the final chapter in this soap opera.S.Separately, Disney said it will release new episodes of the “Star Wars” animated series “The Clone Wars” on its upcoming streaming service.Expect something similar from Disney after the deal closes. With Fox, Disney could add Marvel’s X-Men and Deadpool, along with programs shown on such Fox channels as FX Networks and National Geographic.Disney CEO Bob Iger said he was “extremely pleased” with Comcast’s announcement.Getting Fox would help the House of Mouse compete with technology companies such as Amazon and Netflix for viewers’ attention — and dollars.Disney needs compelling TV shows and movies to persuade viewers to sign up and pay for yet another streaming service.”Sky operates in Austria, Germany, Ireland, Italy and the U. China RG22/U-Messenged Cables suppliers Comcast is dropping its bid for Fox’s entertainment businesses, paving the way for Disney to boost its upcoming streaming service by buying the studios behind “The Simpsons” and X-Men.” He said Comcast’s focus now is on getting Sky “to build a strong beachhead content strategy in Europe.For Comcast, dropping the pursuit of Fox lets it focus on getting European pay-TV operator Sky, a deal that would help the Philadelphia-based cable and media company expand beyond the U. Department of Justice has approved Disney’s bid as long as Disney, which owns the national sports network ESPN, sells Fox’s 22 regional sports networks. Last week, Comcast made a bid that values Sky at $34 billion, compared with $32.5 million customers, attracted by offerings such as English Premier League soccer and “Game of Thrones. The deal would help Disney further control TV shows and movies from start to finish.
Disney would get valuable data on customers and their entertainment-viewing habits, which it can then use to sell advertising. Disney may still need regulatory approvals outside the U. That includes other international properties, including the Star India satellite service.S.Fox shareholders are to vote on the Disney deal on July 27.”The deal would help Disney further control TV shows and movies from start to finish — from creating the programs to distributing them through television channels, movie theatres, streaming services and other ways people watch entertainment.Disney said in a regulatory filing last week that Fox might not raise its bid to compete with Comcast’s offer, meaning Comcast is likely to end up with Sky and Disney the rest of Fox that’s up for sale.(Source). The idea was to sell Sky to Disney as part of the broader deal.S.AT&T bought Time Warner last month for $81 billion and has already launched its own streaming service, Watch TV, with Time Warner channels such as TBS and TNT, among other networks, for $15 a month. Although internet providers like AT&T and Comcast directly control their customers’ access to the internet in a way that Amazon, YouTube and Netflix do not, they still face threats as those streaming services gain in popularity. The Walt Disney Co.Comcast said Thursday that it would not raise its $66 billion offer for Fox. It already has classic Disney cartoons, “Star Wars,” Pixar, the Muppets and some of the Marvel characters.Cable and telecom companies have been buying the companies that make TV shows and movies to compete in a changing media landscape.”
Fox has been trying to buy the 61 per cent of Sky it doesn’t already own.Getting Fox would help the House of Mouse compete with technology companies such as Amazon and Netflix for viewers’ attention. Fox’s productions also include “The Americans,” ″This Is Us” and “Modern Family. Though Disney owns Marvel Studios, some characters including the X-Men had already been licensed to Fox. The U. Some Fox businesses, including Fox News Channel and the Fox television network, will remain with media mogul Rupert Murdoch and his family.“Our focus now is on completing the regulatory process and ultimately moving toward integrating our businesses,” he said in a statement. In addition to boosting the Disney streaming service, expected to debut next year, the deal paves the way for Marvel’s X-Men and the Avengers to reunite in future movies. It has 22. had topped Comcast’s bid by offering $71 billion. The original “Clone Wars” series ran for six seasons, with the final one as a Netflix exclusive.Disney would also get a controlling stake in the existing streaming service Hulu.
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