background img

The New Stuff

disney-fox
182 Views

DOJ Approves Disney-Fox Deal


The much-talked about $71 billion deal between Disney and 21st Century Fox seems to be all set to go, as the U.S. Department of Justice has recently approved the bid, on the condition that Fox’s regional sports networks be excluded from the deal.

The exclusion is meant to address separate monopoly concerns with regard to ESPN, under which Disney is required to sell the Fox Sports Regional Networks within 90 days from the date of closing the transaction. The rest of Fox’s entertainment assets are on the table, on the other hand, including their hefty TV and feature film businesses.

There are still possible regulatory hurdles that could prevent the deal from pushing true, but so far the DOJ’s greenlight is a big development in Disney’s favor, one that might push rival bidder Comcast to increase their previous offer of $65 billion for Fox’s assets.

Source: Deadline via AWN.com

The following two tabs change content below.

Neil Raymundo

A cowardly and treacherous Toonbarn blogger who can transform into a McDonnell Douglas F-15 Eagle. Secretly wants to replace Toonbarn Rob as leader of the Decepticons.

Recently Published

»

A Proposal: Jason Demarco as Head of Warner Brothers Animation.

Note: The Opinions in this essay does not represent the views of ...

»

Netflix Japan Releases New Clip for Ultraman CG Anime

Netflix Japan has just unveiled a new excerpt from their upcoming ...

»

Dragon Ball Xenoverse 2 Gets a Free Lite Version

We’re already at the point where Dragon Ball Xenoverse 2 has ...

tuca and bertie
»

Tuca & Bertie Debuts on Netflix This May

Netflix has recently announced that they will be debuting Lisa ...

»

Batman vs. Teenage Mutant Ninja Turtles coming to Digital (5/14) & 4K/Blu-ray (6/4)

Batman vs. Teenage Mutant Ninja Turtles, Produced by Warner Bros. ...

devil may cry 5
»

Check Out Devil May Cry 5’s OTT CG/Live Action Hybrid Trailer

Capcom’s Devil May Cry franchise is infamous for its ...

spider-man
»

Watch: Spider-Man Into the Spider-Verse’s Special Features New Look

Spider-Man: Into the Spider-Verse is already available on digital, ...

article image
»

Disney+ to Adapt Marvel’s What If Series

According to a report by SlashFilm, Marvel Studios will adapt Marvel ...

one piece
»

One Piece: World Seeker Releases Launch Trailer

One Piece: World Seeker is getting ready for its March 15 launch on ...

Skip to toolbar