FOX has accepted a $71.3 billion bid from Disney, which tops Comcast’s previous offer of $65 billion. Disney went all in to ensure Comcast didn’t steal FOX’s assets out from under them, including Marvel assets like The X-Men and Fantastic Four.
That easily trumps Comcast’s all-cash offer made on June 13th. The new Disney-FOX deal is reportedly worth $38 per share in cash and stock.
It was in October of 2016 that a report surfaced that AT&T was attempting to acquire Time Warner. The deal would give AT&T significant holdings in the media industry. The following February Time Warner shareholders approved the merger. This was quickly followed by FCC Chairman Ajit Pai refusing to review the deal. That left it in the hands of the Justice Department. Every other country involved has since approved the merger. It was only the U.S. that kept it from being final.
President Trump’s Justice Department filed an anti-trust lawsuit last year in November. That pushed the merger deadline till the 21st of this month. Today a judge stepped into the fray and approved the merger.
Fans rejoiced when they thought the X-Men, Deadpool, Fantastic Four, and other FOX owned properties would soon be under the same roof as Iron Man, Captain America, and Thanos. The idea that all there could be new team-ups or even good versions of some of those properties is now in jeopardy.
It’s been a while since the first Shrek movie came to the big screen and dazzled audiences with its charm and genuinely clever sense of humor. It’s been 15 years, in fact. Another Shrek dropped in 2004 and had an equally good reception. Then the downhill spiral began with Shrek the Third (2007) and Shrek Forever After (2010). Now, the new holders of DreamWorks Animation hope to bring the big, green bastard back. Scroll on to learn the how and why of it. (more…)
After months of uncertainty and years of neglect, it seems that the bell has tolled for the former nerd-destination channel G4 TV. The channel that gave us such giants in nerd-based programming like Attack the Show! and American Ninja Warrior, as well as jump starting the careers nerd celebrities like Olivia Munn and Chris Hardwick, has been in a death spiral for sometime as channel owner Comcast tried to do nothing to reverse the fortunes of G4 and ran out of ideas. So in lieu of actually trying to save it, they’ve decided to let it die mercifully, but even on its deathbed, G4 and its handlers are still a magnet for controversy. (more…)
HBO has been an exclusive, subscriber only channel since its inception. It’s cable plus, cable supreme, a channel so elite you need dozens of crap channels just to access it. And that’s worked out swell for HBO and cable companies–that is, until internet piracy became the way of the world. (more…)