2 ways the Disney-Fox deal could concentrate an intense amount of power in the media world

December 6, 2017
29 Views

Disney is close to buying a bunch of assets from 21st Century Fox, according to CNBC.
Such a deal could mean Disney ends up owning 30%-40% of the domestic box office, and 60% of Hulu.
The potential deal could likely face scrutiny from the DOJ.

On Tuesday, CNBC reported that Disney was close to a deal to buy large chunks of 21st Century Fox. Such a deal could lead to quite a concentration of power in media.

CNBC reported that Disney could pick up “Fox’s Nat Geo, Star, regional sports networks, movie studios and stakes in Sky and Hulu, among other properties.” Disney …read more

You may be interested

BlackRock exec on bitcoin: ‘We are seeing bubble-like valuations’
technology
shares28 views
technology
shares28 views

BlackRock exec on bitcoin: ‘We are seeing bubble-like valuations’

doyelteam - Dec 12, 2017

BlackRock Asian executive says bitcoin "isn't a financial asset like we would trade." Comments come after the launch of first…

GOLDMAN SACHS: Bitcoin hasn’t taken a bite out of demand for gold
technology
shares31 views
technology
shares31 views

GOLDMAN SACHS: Bitcoin hasn’t taken a bite out of demand for gold

doyelteam - Dec 12, 2017

Gold demand is not being impacted by rising bitcoin prices, Goldman Sachs' Jeffrey Currie argues. Some analysts have suggested that…

10 things in tech you need to know today (AAPL, GOOG)
technology
shares27 views
technology
shares27 views

10 things in tech you need to know today (AAPL, GOOG)

doyelteam - Dec 12, 2017

Good morning! Here is the tech news you need to know this Tuesday. 1. Apple confirmed its pending acquisition of…