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News Disney and Fox come to terms -- announcement soon; huge IP acquisition

Darkprime

Member
Might be worth noting that as of today Disney has yet to extend the deadline again for the exchange of offers and consent solicitations. There is still time to do so. But Its currently set to expire this Wednesday. They will mostly likely extend it again but fingers crossed they dont the exchange is meant to occur on around the closing of the acquisition. Is their a limit to how many times they can extend the date for exchange offers and consent solicitations?
 

Slpy3270

Member
Might be worth noting that as of today Disney has yet to extend the deadline again for the exchange of offers and consent solicitations. There is still time to do so. But Its currently set to expire this Wednesday. They will mostly likely extend it again but fingers crossed they dont the exchange is meant to occur on around the closing of the acquisition. Is their a limit to how many times they can extend the date for exchange offers and consent solicitations?
They extended the deadline to the 19th last Wednesday.
 

biggy H

Active Member
So if a few countries say Disney would have to sell a sports channel to get approval I gather thats just tto do with the local markets right? What's stopping Disney or fox closing down a channel in that country and then at a later date getting those sporting rights for the remaining channels?
 

JoeCamel

Well-Known Member
So if a few countries say Disney would have to sell a sports channel to get approval I gather thats just tto do with the local markets right? What's stopping Disney or fox closing down a channel in that country and then at a later date getting those sporting rights for the remaining channels?
$$$$$
 

mab7689

Active Member
Bob has said in the conference call it's still awaiting approval in the "remaining few markets". No explicit confirmation that is just Brazil and Mexico.
 

bartholomr4

Active Member
Iger Initial Statements from the Earnings Call:

  • The company beat Earnings Estimate by 30 cents a share.
  • 37 Oscar Nominations between Disney and 21CF
  • Direct To consumer is our main Focus.
  • Continued ESPN+. Had 600,000 new ESPN+ Subscribers with First “Fight Night” Broadcast
  • ESPN+ Now has 2,000,000 Subscribers (up 1,000,000 in the last quarter)
  • Lots of New content under construction for Disney+
  • Demonstrate Disney+ on Investor Day on April 19th. Preview of New Content
  • Ready to Combine the two companies once final regulatory approval is received.
No Mention of when the closing will occur! (The call is still going on, if anything else is stated, I'll come back with an update)
 

The Moles Family

Well-Known Member
A million subscribers added to ESPN+ in a quarter ? That's quite impressive so while they may be bleeding TV subscriber to ESPN, obviously + is where people may be moving too?
 

Darkprime

Member
Iger Initial Statements from the Earnings Call:

  • The company beat Earnings Estimate by 30 cents a share.
  • 37 Oscar Nominations between Disney and 21CF
  • Direct To consumer is our main Focus.
  • Continued ESPN+. Had 600,000 new ESPN+ Subscribers with First “Fight Night” Broadcast
  • ESPN+ Now has 2,000,000 Subscribers (up 1,000,000 in the last quarter)
  • Lots of New content under construction for Disney+
  • Demonstrate Disney+ on Investor Day on April 19th. Preview of New Content
  • Ready to Combine the two companies once final regulatory approval is received.
No Mention of when the closing will occur! (The call is still going on, if anything else is stated, I'll come back with an update)
April 19th? Conrad says April 11th for the demo.

 
Disney is bribing Brazil with Disneyland Brasilia!


Link in Portuguese, but google is your friend!

I'm being sarcastic, this is just a rumor
 
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