Ex-Venu Sports CEO Pete Distad will head Fox’s over-the-top streaming service
Distad will now run Fox's upcoming direct-to-consumer streaming product, which is expected to cover news, sports, and entertainment.
Distad will now run Fox's upcoming direct-to-consumer streaming product, which is expected to cover news, sports, and entertainment.
"The schemes had powerful anti-competitive effects, distorting the market for the commercial rights associated with soccer and undermining the ability of other sports marketing companies to compete for such rights on terms more favorable to the rights-holders."
"Any economic gains are likely to be short-term in nature, as the leagues are likely to recapture any value creation in the next round of rights negotiations."
Meet the new Fox, same as the old Fox?
Comcast is prepping for another bid for Fox and talking about selling off Fox Sports Net RSN’s
If Disney sells the Fox RSNs separately, that might get even more players involved in the bidding.
Disney has agreed to sell the 22 Fox RSNs in order to gain DOJ approval for the rest of the Fox assets in question. There should be plenty of interested buyers.
Comcast attempted to scuttle the Disney-Fox agreement, but Bob Iger and company raised their offer and got the deal done.
Comcast hopes to scuttle Disney's seismic purchase, which included an empire of regional sports networks.
Comcast is increasing its bid to buy Sky to create a huge international entertainment and sports giant.
There are many hurdles for Comcast to clear if its wants to outbid Disney for Fox.
Fox's common stock went from $38.40 a share at close Tuesday to $36.71 at close Thursday, a loss of billions across the company's outstanding shares.
UK regulator feels Rupert Murdoch’s purchase of Sky would not be in the public interest.
"The publishers are obviously enhancing the value and integrity of Facebook through their news and content but are not being adequately rewarded for those services."
ESPN Plus will launch in Spring 2018, along with a new app for the service.
Following Comcast's exit from the talks to buy Fox assets, Disney looks set to land them, with a deal likely coming later this week.
Murdoch has reportedly asked for Iger to stay on longer as a condition of any sale of Fox assets to Disney.
An analysis valued Fox's regional sports networks at roughly $22 billion.
ESPN can tap heavily into the resources of the Fox Sports Nets if parent company Disney closes the deal with 21st Century Fox.
Comcast, Sony and Verizon are also pursuing 21st Century Fox
Talks are ongoing between Comcast and 21st Century Fox about a sale of Fox assets outside the U.S. news and sports realms.
If Disney obtains Fox, it would gain the company’s European and Asian sports networks.
Fox selling entertainment properties to Disney to focus on news and sports could have big implications for both companies.
"The key near term headwinds are soft NFL ratings and the risk that the Sky transaction is blocked by UK regulators."