Keyword: 21st Century Fox
Viacom has ramped up its production of content for streaming services, and the company has high hopes for the business.
21st Century Fox just turned in its fiscal fourth-quarter earnings and stamped the results with a big 18% rise in revenues to $7.94 billion.
The Walt Disney Company posted fiscal third-quarter earnings marked by increases in revenues and net income despite declines at BAMTech and Hulu.
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The national television advertising market benefited in the second quarter from the World Cup, but revenues fell 1%, according to Standard Media Index.
Now that Comcast has officially bowed out of the race for 21st Century Fox’s cable and studio assets, it is fully charged up in its bid to buy all of Sky.
Comcast has officially ended its bidding war with the Walt Disney Company for 21st Century Fox’s cable and studio assets.
21st Century Fox announced it will use Amazon for the “vast majority” of its cloud operations.
Comcast let Fox’s increased bid for Sky simmer for all of 14 hours before coming back with its own raised stakes, putting several scenarios in motion.
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