Ravi Ahuja, president of business operations and chief financial officer at Walt Disney Television, is stepping down. Ahuja, who was formerly CFO of Fox Networks Group, took the position after Disney’s acquisition of Fox. “I regrettably am writing to you today to share that Ravi Ahuja has decided to leave the Company to seek out... Continue Reading →
While Disney's acquisition of Fox looks great in the long run, we're now starting to see some fallout from the freak in the short-term. Disney is cutting hundreds of projects that were on the table before the deal took effect. Here's a look at some of the biggest ones according to MSN: Flash Gordon -... Continue Reading →
The Walt Disney Studios has unveiled its upcoming slate following the recent acquisition of the Fox film studios, including changes to previously dated films and a number of major additions. Here's a brief summary of what we can expect through 2027: 13 live action movies, 6 Pixar films, 8 untitled Marvel movies, 3 Avatar sequels... Continue Reading →
The Walt Disney Studios is presenting a united and integrated front with the 20th Century Fox and Fox Searchlight teams for the first time at CinemaCon. Disney chairman Alan Horn said Wednesday afternoon that even he was still internalizing the magnitude of the acquisition, which brings cinematic franchises such as the X-Men and the Avengers... Continue Reading →
The New York Yankees have reached an agreement to repurchase the Yankees Entertainment Sports network (YES) from Disney at a price of $3.4 billion. The sale of YES will mark the first of the nearly two-dozen Fox Regional Sports Networks, currently held by Disney, expected to be sold. 21st Century Fox had owned 80 percent of YES, while the Yankees held... Continue Reading →
Resort developer Genting Malaysia has filed a lawsuit in California seeking at least $1 billion in damages from Walt Disney Co. and Fox Entertainment Group for alleged breach of contract related to a theme park. The lawsuit cites damages from Fox’s withdrawal from a 2013 agreement to license its intellectual property for a Fox World... Continue Reading →
Comcast is looking to jump into the bidding war for 21st Century Fox, potentially driving up the price if Disney plans to finalize a deal. This comes as Disney and Fox shareholders are preparing to vote on their own deal. According to a statement obtained by CNN, Comcast (CCV) described the bid as one that will be "a... Continue Reading →
