OK. So…
the deal Disney is making to buy Fox assets includes entertainment programming. I believe everything but NewsCorp is in the deal. Disney owns ABC, so cannot acquire the broadcasting, but can acquire the programs. Confused?
Add to this, Disney has submitted paperwork for approval to FTC.
Same time, Comcast is getting back into the bid, offering CASH, where Disney was offering stock.
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background on Disney/Fox and also Bob Iger
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http://www.dailymail.co.uk/news/article-5609693/Oprah-pushing-Disney-boss-Bob-Iger-run-president-2020.html
april 12, 2018
– Oprah says she was pushing Bob Iger to run for president in 2020 as Disney boss confirms he was 'seriously exploring it' but then the company bought Fox instead
– Disney CEO Bob Iger has revealed that he was 'seriously exploring' a 2020 presidential run and that his good friend Oprah was pushing him to do it.
– The 67-year-old told Vogue this week that he had considered entering the presidential race until Disney's acquisition of Rupert Murdoch's 21st Century Fox stopped him.
– The Fox deal, which was announced in December, pushed back Iger's retirement from Disney until at least 2021, ending any plans for a 2020 White House run.
– Prior to the $52 billion deal, Oprah - one of Iger's longtime friends - had even offered to hand out leaflets for him if he ran for president.
– He left Donald Trump's Advisory Council in June when he withdrew from the Paris climate deal.
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https://www.theverge.com/2018/4/20/17258454/disney-21st-century-fox-acquisition
a timeline of the negotiations
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https://www.vox.com/culture/2017/12/14/16764472/disney-fox-deal-merger
– If the deal goes through, all of Fox Television’s other assets — including its studio and attached cable networks, of which FX is the most prominent — will belong to Disney.
– When Fox sells its 30 percent share of Hulu to Disney in this deal, Disney will become the majority shareholder in Hulu.
– The quick and obvious take on the Disney-Fox deal is that media consolidation, already bad, is only getting worse. It’s been ages and ages since a major Hollywood studio just … disappeared, and now one that seemed pretty healthy from all evidence has been consumed by a bigger corporation. The big fish are eating each other, and soon there may only be one left.
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https://www.cnet.com/news/comcast-confirms-it-wants-to-swipe-fox-out-from-under-disney/
MAY 23, 2018
Comcast confirms it's close to bidding for Fox to beat out Disney
– The company announced its intentions in a press release Wednesday, signaling a potential effort to swipe the programmer from fellow media titan Walt Disney Co. Disney signed a deal in December to buy major parts of Fox in a $52.4 billion all-stock arrangement, at the time a stunning illustration of the lengths Hollywood companies would go to join forces against growing competition from digital heavyweights such as Netflix and Amazon.
— It's also the latest in a dizzying period of merger moves in tech and media: In addition to Disney's deal for Fox, Comcast is trying to undermine Fox (yes, the same Fox) to win 61 percent of UK television company Sky TV, and AT&T is trying to buy TV programmer Time Warner despite government opposition.
— On Wednesday Comcast said it is "considering, and is in advanced stages of preparing," an offer for all the businesses that Fox agreed to sell to Disney in December. It said that any offer it makes will be all cash (Disney's deal is for shares of stock) and would be at a unspecified premium to Disney's deal. Right now it's trying to secure the financing and file the key regulatory paperwork.