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Hollywood has seen some big deals of late and more could be on the way. But count Netflix out for now, Hastings said.
Genting Malaysia accused them of abandoning a contract related to its planned construction of the first Fox-branded theme park.
The monster $71.3 billion sale of 21st Century Fox to Disney is nearing completion, pending approval from EU regulators.And when it does, each of Rupert Murdoch’s six children are in line for $2 billion payday, according to The Financial Times.
Disney and Fox shareholders have approved the merger, but the deal’s completion is still at the hands of regulators in the US and internationally. And even once completed, the Fox buyout will mean more work is ahead for Disney, analysts say.
Shareholders have approved a $71 billion deal that merges some of 21st Century Fox's film and television assets with Disney. Disney is purchasing the assets, which exclude the Fox News and Fox Business networks, for $38 a share.
Comcast drops out of the $71 billion bidding war for 21st Century Fox assets, handing Disney victory
Comcast ended its bidding war with Disney for some of 21st Century Fox's assets. The company announced Thursday that it would focus on its offer for Sky. Comcast's CEO congratulated Disney and said Fox had created a "desirable and respectable company."
Disney has raised its offer for 21st Century Fox assets. The new offer is worth $38 a share for a total of $71.3 billion in cash and stock.
Rupert Murdoch’s Fox cleared to go head-to-head with Comcast in $29 billion Sky takeover battle — on one condition
Sky is known in Europe for its live football (soccer in the US) broadcasts as well as for premium content such as HBO's "Game of Thrones" and in-house productions such as "Fortitude" and "Britannia."
Comcast said that it hadn't made a final proposal but that "the work to finance the all-cash offer and make the key regulatory filings is well advanced."
21st Century Fox rises nearly 2% after Reuters reported Comcast may try to outbid Disney to acquire some of 21st Century Fox's assets. Comcast is said to be speaking to investment banks for help financing a cash-deal that will overtake Disney's current $52 billion offer.