Company
Fox Corp
NASDAQ:FOXA
Fox Corp is a news, sports, and entertainment company. The company operates in three segments: Cable Network Programming, Television and Other, Corporate and Eliminations.
54 stories
Sky's contracts with Disney at risk after Comcast takeover
Berenberg said: "Disney missed buying Sky and competes with Comcast. Disney now doesn’t have any incentive to renew its programming deals with Sky unless it’s on extremely good financial terms”
Disney makes concessions as it seeks European approval for US$71bn Fox takeover
The proposals were submitted on Friday, although no details have been released so far as to what the concessions might be
James Murdoch steps down from Sky board after Comcast completes takeover
Comcast now owns 76.84% of Sky after successfully outbidding Fox in an auction to take over the broadcaster last month
ITV could fetch £245mln for sale of London south bank headquarters, say analysts
Liberum said ITV could use the proceeds of the disposal to reduce debt, return cash back to shareholders, support mergers and acquisitions, for investments
UK culture minister urges Comcast to ensure Sky News independence after takeover
"We want to make sure (Comcast is) committed to Sky News in the long term and committed to its editorial independence," culture minister Jeremy Wright said
ITV says it will not bid for Peaky Blinders production firm Endemol Shine
Endemol Shine has been put up for sale by owners private equity firm Apollo and Twenty-First Century Fox
Comcast to end Sky share purchases in the market after taking controlling stake
Comcast outbid Fox in a £27.9bn auction of Sky at the weekend
Fox and Disney to sell shares in Sky to Comcast
Fox was outbid by Comcast in an auction of Sky on Saturday
Investments and investor services
Fox and Disney to sell shares in Sky to Comcast
Disney is to buy Fox's entertainment assets, including its stake in Sky, but has opted to sell this holding rather than remain a minority stakeholder
ITV 'very sensible' at first investor day in 11 years, says Barclays as it cuts target price
Barclays maintained an ‘equal weight’ rating on ITV but cut its target price to 180p from 185p
Sky could be up for auction if Takeover Panel intervenes in Comcast-Fox bidding war
Comcast and Fox have been battling it out to secure ownership of Sky and have until September 22 to revise their current bids
Comcast extends offer period for Sky amid bidding war with Fox
The offer period for Comcast's bid to buy Sky will now remain open for acceptances until September 12
ITV joins Disney and Fox in backing new video streaming service for mobile phones
ITV joins Hollywood giants including Disney and 21st Century Fox, in backing the venture
Sky up as investors bet Comcast's raised bid won’t be the last move in the battle with Fox
In early morning trading on Thursday, Sky shares were 2% higher at 1,524p, comfortably above the agreed Comcast cash offer pitched at 1,475p per share, and Sky’s previously agreed bid of 1,400p a share
Comcast bids $34bln for Sky, tops Fox’s offer
Comcast announced its cash offer has been recommended by Sky’s independent committee of directors and that it has committed financing required for the deal.
FTSE 100 tumbles 1.3% lower as trade worries grip markets
The UK blue chip index dropped 100 points after the US said it was ready to impose tariffs on an extra US$200bn worth of Chinese goods
Investments and investor services
FTSE 100 closes higher but off 6,700
The UK blue-chip benchmark closed around four points higher at 7,692
Disney ups the ante as it bids US$71bn for 21st Century Fox
The House of Mouse looks to be the most likely new home for the maker of Family Guy
Comcast trumps Disney with US$65bn cash bid for chunk of 21st Century Fox's assets
The new offer eclipses Disney's US$52.4bln all-stock deal
H&R Block shares roll much lower in pre-market, but Twenty-First Century Fox leaps
Also in the frame before the bell were telecoms firms Comcast Corp and Chinese telecoms ZTE Corp
Comcast set to get 'unconditional' EU approval for Sky bid
The cable giant is reportedly offering US$31bn to buy the pay-TV channel while competing with Rupert Murdoch’s 21st Century Fox Inc
Comcast preparing 21st Century Fox bid, to top Walt Disney's US$52.4bn offer
In a statement following media reports, Comcast said: "Any offer for Fox would be all-cash and at a premium to the value of the current all-share offer from Disney"
Comcast's takeover bid for Sky receives boost from Culture Secretary
Britain’s culture secretary Matt Hancock said the proposed merger between Sky and Comcast "does not raise concerns in relation to public interest considerations"
Investments and investor services
FTSE 100 propelled to new record close as pound weakens and Dow Jones breaches 25,000
FTSE 100 reached a new record close on Monday after achieving it last time on Thursday
Sky deputy chairman to focus on broadcaster’s takeover as Glencore grants him leave of absence
Sky is in the middle of a complex takeover battle, with 21st Century Fox, Disney and Comcast all looking to acquire the broadcaster
Twenty-First Century Fox misses on fiscal 3Q earnings, beats on revenue helped by cable TV segment
The company is in the process of selling off many of its assets in a deal with The Walt Disney Co
Pre-Market Movers: Twenty-First Century Fox, Comcast, Zillow and Snap
A look at what's piquing investor interest before the opening bell on Wall Street
Comcast reportedly seeking support from banks to start a bidding war over 21st Century Fox assets
Rupert Murdoch may well like the idea of a bidding war for the assets he has agreed to sell to Walt Disney but as the Scots might say, Walt disnae ...
UK government to deliver its verdict on 21st Century Fox’s bid for Sky by June 13
The Competition and Markets Authority sent its assessment of the likely impact of the deal to UK media secretary Matt Hancock on Tuesday, giving him 30 working days to make a decision
Investments and investor services
The only way is down for equities as bond yields top 3%
The yield on US Treasury notes has risen above 3%, putting a bit of vim into the greenback. Equities, however, were set for another gloomy session with the Dow tipped to shed almost 100 points
Sky pulls recommendation for Fox takeover bid after higher offer from Comcast
Comcast said its offer of £12.50 per share for Sky represents a 16% premium to Fox’s £10.75 per share proposal
Stellar Diamonds shares leap as court approves its acquisition by NWF
A look at some of the biggest risers and fallers in London on Wednesday
Rupert Murdoch's Twenty-First Century Fox rejects Comcast bid
Joint filing from Fox and Disney offers a glimpse into the thinking before the marriage between Disney and Fox came about
Sky delivers strong quarter ahead of expected Fox-Comcast bidding war
Sky said it remains on track for the full year but expects the consumer environment to "remain challenging"
21st Century Fox's London offices raided by the European Commission
Officials from the European Commission have raided a number of offices, including 21st Century Fox's west London premises, as part of an investigation relating to the potential abuse of the broadcaster's dominant position in the sports broa
Sky News could be sold to Disney in bid to gain CMA approval for Fox-Sky takeover
Disney would buy Sky News regardless of whether its proposed acquisition of Fox’s assets proceeds
21st Century Fox brings in Citibank to help finance Sky takeover
Bank of America had been among the original group of banks lined up to finance the US$15.5bn takeover, but its Merrill Lynch division is acting an advisor to Comcast, which recently unveiled a rival bid for Sky
Investments and investor services
FTSE 100 closes higher as Dow Jones climbs after host of data
Britain's blue chip index closed up around seven points, or 0.10%, at 7,139..
Fox vows to keep Sky News running for 10 years under renewed takeover offer
Fox is now willing to keep running Sky News for at least 10 years under a sweetened offer to secure full control of Sky
Wall Street retreats on poor earnings from media companies
Wall Street sank today as a spate of poor earnings reports from media companies dragged the sector index to its worst two-day loss since the financial crisis. The S&P 500 (INDEXSP:.INX) sank 0.7 percent to 2,085.19 at 3:48 p.m. in New Y