Disney expects to lose $150 million from terminating licensing deals with Netflix this year.
Latest analysis from Ampere suggests that post the media mega-mergers of Comcast/Sky and Disney/Fox, two in every 10 dollars spent on content worldwide will now be spent by these two entities.
WarnerMedia will release three different versions of its upcoming streaming TV service next year.
ESPN has lost about two million domestic subscribers over the past 12 months, according to Disney’s annual report, but added more than one million for its OTT service ESPN+.
The Walt Disney Company’s new direct-to-consumer OTT streaming service will be called Disney+. It will challenge Netflix’ domination on the SVOD market.
The European Commission has approved the proposed acquisition of parts of Fox by Disney, but the decision is conditional on full compliance with commitments offered by Disney.
The UK’s Takeover Panel has confirmed an earlier ruling that the Walt Disney Company will have to offer at least £14 per share to secure Sky.
Bob Iger has shed some light on Disney’s plans to launch its own SVOD service rather than licensing its content to third parties such as Netflix.
Shareholders at Twenty-First Century Fox and The Walt Disney Company agreed at separate meetings on Friday to approve the Disney proposal to acquire Fox and for the spin-off of certain parts of the company.
It’s expected that Rupert Murdoch’s Fox will this week finally be given clearance to take over Sky.