entertainment assets

NEW YORK | Disney results jump on strong movie slate

NEW YORK — Walt Disney Co.’s earnings for the latest quarter sailed passed expectations, boosted by a strong slate of movies such as “Incredibles 2” as the company moves toward closing its $71.3 billion deal to buy 21st Century Fox’s entertainment assets. Disney and other media companies are facing a shifting landscape as more TV … Continue reading NEW YORK | Disney results jump on strong movie slate

NEW YORK | Fox plans to sell stake in Sky to Comcast for $15B

NEW YORK  — 21st Century Fox will sell its remaining stake in British pay TV provider Sky to Comcast in the latest financial wrangling as Disney prepares to acquire Fox’s entertainment assets. Over the weekend, Comcast won a rare bidding auction for 61 percent of Sky offering 17.28 pounds per share, almost 30 billion pounds … Continue reading NEW YORK | Fox plans to sell stake in Sky to Comcast for $15B