Breaking Disney has acquired 21st Century Fox’s film and TV studios in a landmark deal

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Fox Will Be Ready to Close Disney Deal Jan. 1


Fox will be logistically ready for its pending mega-deal with the Walt Disney Co. to close Jan. 1, top exec Peter Rice told employees Wednesday. According to sources present at a town hall meeting on the Fox lot in Los Angeles, Rice reiterated that the deal is still on track to close sometime in the first half of 2019, either in the first or second quarter. But he said that structure of New Fox — down to elements such as human resources and payroll — will be ready to go by Jan. 1. Regulatory processes will likely drag the ultimate closure beyond that date.


Fox Will Be Ready to Close Disney Deal Jan. 1, Says Peter Rice (EXCLUSIVE)
 
  • The European Union granted conditional approval Tuesday for Disney to buy Twenty-First Century Fox's entertainment assets.
  • In order for the deal to go through, Disney has committed to divest from certain channels to avoid harming competition, the EU competition regulator said in a statement.
  • The U.S. Justice Department approved the deal in June on the condition of selling Fox's 22 regional sports networks.


EU approves Disney's $71 billion acquisition of Fox, but it will have to get rid of some networks
 
  • The deal still needs regulatory approval from several countries, but the unconditional Chinese approval is a big step forward for Disney.
  • A deal could be completed as early as spring 2019.
  • Shares of Disney turned positive for the session on the news, rising roughly 1 percent before falling back into the red. Shares of Fox rose as much as 3 percent before paring some gains.

Disney gets approval from China for its Fox acquisition, sending shares of both companies up
 
Uday Shankar appointed Walt Disney Asia Pacific president.

The Walt Disney Company on Thursday announced the appointment of Uday Shankar as president of its Asia Pacific unit.

The appointment is part of Disney's integration planning for its acquisition of 21st Century Fox and strategic alignment of its consolidated international business units.

Shankar, who currently serves as president, 21st Century Fox, Asia, and chairman and CEO of Star India, will become chairman, Star and Disney India, and president, The Walt Disney Company Asia Pacific, it said in a statement.


Uday Shankar's meteoric rise from Star India to Disney APAC


Uday Shankar appointed Walt Disney Asia Pacific president - Times of India
 
Last edited by a moderator:
Uday Shankar appointed Walt Disney Asia Pacific president.

The Walt Disney Company on Thursday announced the appointment of Uday Shankar as president of its Asia Pacific unit.

The appointment is part of Disney's integration planning for its acquisition of 21st Century Fox and strategic alignment of its consolidated international business units.

Shankar, who currently serves as president, 21st Century Fox, Asia, and chairman and CEO of Star India, will become chairman, Star and Disney India, and president, The Walt Disney Company Asia Pacific, it said in a statement.


Uday Shankar's meteoric rise from Star India to Disney APAC


Uday Shankar appointed Walt Disney Asia Pacific president - Times of India
Any chances of Hollywood Movies in Hindi Telugu telecast in star plus star maa ?
 
Last edited by a moderator:
Uday Shankar appointed Walt Disney Asia Pacific president.

The Walt Disney Company on Thursday announced the appointment of Uday Shankar as president of its Asia Pacific unit.

The appointment is part of Disney's integration planning for its acquisition of 21st Century Fox and strategic alignment of its consolidated international business units.

Shankar, who currently serves as president, 21st Century Fox, Asia, and chairman and CEO of Star India, will become chairman, Star and Disney India, and president, The Walt Disney Company Asia Pacific, it said in a statement.


Uday Shankar's meteoric rise from Star India to Disney APAC


Uday Shankar appointed Walt Disney Asia Pacific president - Times of India
So the deal is moving towards India.. 👍
 
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