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The Drill Down 535: 50 Steps Ahead Makes You a Martyr
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Mr. BabyMan   |  @   |  
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Drill Down 535 Movie Pass

On this week’s The Drill Down podcast, Disney votes to buy Fox, is Amazon’s facial recognition racist?, a big loss for Facebook, is Moviepass dead?, robot Segways … and much, much more.

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Disney To Acquire Fox As Comcast Bows Out Of Bidding War
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eelyajekiM   |  @   |  
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Walt Disney Studios logo

For the past few months, The Walt Disney Company and Comcast have been engaged in a bidding war over 21st Century Fox‘s entertainment assets.

It was just a few weeks ago now that Disney upped their bid to $71 billion, essentially making it impossible for Comcast to top them. And now Comcast, which already owns Universal Pictures, is bowing out. Check out the full story, below.

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Department Of Justice Approves Disney’s Acquisition Of Fox
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eelyajekiM   |  @   |  
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20th Century Fox

The fight over 21st Century Fox‘s entertainment assets is over. And it looks like the Marvel Cinematic Universe has the potential to get a lot bigger.

New reports confirm that the Department of Justice has approved of The Walt Disney Company‘s $71 billion offer to acquire Fox’s entertainment assets. This includes TV and film properties. More on the story below.

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Disney Outbids Comcast To Acquire Fox With New $71 Billion Offer
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eelyajekiM   |  @   |  
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Disney Increases Bid To Acquire Fox

There is a bidding war over who gets to own 21st Century Fox‘s entertainment assets. Recently Comcast made an all-cash offer of $65 billion to acquire Fox’s entertainment assets. This was significantly higher than The Walt Disney Company‘s not-so-official, as it turned out, $52 billion offer. At which point, Disney had only a few days to match or bring in a higher bid.

And according new reports, the Mouse House has done just that. The studio has recently sweetened their deal by adding some cash of their own to the previous stock-offer. This will take their total bid to $71 billion. Not only that, but it appears that Fox has accepted the deal. More on the story below.

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Comcast’s Bid To Acquire Fox Officially Higher Than Disney’s
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eelyajekiM   |  @   |  
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Comcast Makes Bid To Acquire Fox

Last year, The Walt Disney Company announced that they had reached a deal to buy the 21st Century Fox‘s entertainment assets. Fox was to keep their news and sports properties while Disney acquired their movie and television assets. It was a big move for the studio who already has Pixar, Marvel Studios, and Lucasfilm. It also, of course, finally brought the X-Men and Fantastic Four properties back home to Marvel.

But as that initially appeared to be a done deal, Comcast, the company who owns Universal Pictures, made their own interest in making a bid to acquire Fox known. Now Comcast has made an offer to acquire Fox’s entertainment assets for $65 billion, which is significantly higher than Disney’s $52 billion deal. More on the story below.

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Comcast Is Preparing An All-Cash Bid For Fox’s Entertainment Assets
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eelyajekiM   |  @   |  
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20th Century Fox

It’s been almost six months since Disney made the historic move to acquire nearly all of Fox‘s entertainment assets for the price of $52 billion dollars. However, a lot has changed since then. And it looks like there are other parties who are interested in claiming a piece of the Fox pie.

Earlier this year, Comcast expressed interest in acquiring Fox. The company, which also owns Universal, originally made a higher bid than the Mouse House. Their stake was priced at $60 billion. But the deal was rejected with Fox citing anti-trust issues. Now it looks like Comcast is making another move for Fox. This time offering all cash as opposed to Disney’s stock options. More on the story below.

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The Drill Down 506: ‘Simpsons’ Called It
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Mr. BabyMan   |  @   |  
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Disney buys Fox and The Simpsons called it

On this week’s Drill Down podcast, Net Neutrality is down but perhaps not out yet, Disney buys Fox (and The Simpsons called it), Facebook admits it’s bad for you, gene therapy to restore sight and hearing… and much more.

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It’s Official: Disney Buys Fox For Over $52 Billion
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The Movie God   |  @   |  
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Deadpool

We’ve been hearing whispers that the mega-deal between The Walt Disney Company and 21st Century Fox could happen as soon as Thursday, and this morning it became official: Disney has purchased Fox for around $52.4 billion. Disney is also inheriting around $13.7 billion of debt, making the total cost of the deal about $66 billion. In the deal Disney is acquiring all entertainment properties and more, while the Fox Broadcasting news and sports assets will be spun off to shareholders under a new company.

On the entertainment side of things, this now means Disney owns and controls all of Fox’s brands and titles including the X-Men and Deadpool franchises, the Avatar movies, the original Star Wars trilogy, The Simpsons and other Fox shows as well as all of the FX Network series, and even Fox’s stake in Hulu, which now gives Disney controlling interest in the streaming service (making their own planned streaming service even more interesting).

You can find more details below.

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Disney and Fox Deal Could Be Finalized As Soon As Thursday
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eelyajekiM   |  @   |  
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Deadpool Movie

This month, The Walt Disney Company has expressed interest in acquiring 20th Century Fox, the film and television studio owned by 21st Century Fox, which would leave Fox with its sports and news divisions. Of course, when the word of this first got out, the studios called it off. But talks would resume, indicating that this deal could be a real possibility. And last week, the two studios stepped closer to making it happen.

Following up on last week’s report that a deal could be finalized this week, comes word that everything could be signed on the dotted line as soon as Thursday. The cost of this deal could be up to $60 billion dollars. More on the story below.

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Disney Deal To Acquire Fox Could Be Done As Soon As Next Week
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eelyajekiM   |  @   |  
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X-Men and Avengers crossover

It has been a few weeks since we first heard about the possibility of The Walt Disney Company acquiring 20th Century Fox. Though details were slim, if Disney were to buy Fox it would mean that the studio would acquire their entertainment division, which includes film properties, TV properties, Nat Geo, and more.

At first, it appeared that there was a fallout between the two when the then-rumored deal leaked. However, talks started again, and much of the deal remained the same with Fox continuing to retain their sports and news media outlets. Now the deal that looked like it would take months to complete could be done as soon as next week. More on the story below.

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