How will Disney’s $71.3 billion mega-acquisition of 21st Century Fox affect you?
in one of the biggest deals the entertainment industry had ever seen. At the time, the deal valued the 21 Century Fox assets in the transaction at $66.1 billion, including $13.7 billion in Fox debt . The enterprise value of the deal at the time was $69 billion. Apparently, the price went up, but what's a few billion in a deal of this magnitude?
with financial backing from investment bank Macquarie Group and private equity firm Centerbridge Partners. Specifically, they want to snap up 21 of Fox's regional sports networks., to present day as things unfold, a question still remains: How will this affect the consumer? The answer, according to analysts, is that the impact will be very big over time. What remains to be seen is whether or not it will be positive, or negative. The answer to that depends on who you ask.
Apple's new service, which will be available via an updated version of its TV app that's already on millions of devices, is offering a few options for entertainment seekers, as well as news junkies and gamers. In addition to its new TV streaming service, it's also offering a premium news service, Apple News+. Consumers will pay $9.99 a month for access to more than 300 magazines, which will split revenue 50-50 with the publishers.
Disney, according to Greenfield, has a huge advantage with this acquisition."Even though Netflix is creating a ton of content, as is Amazon, neither are able to make a library as massive as Disney's. They simply don't have the same size back-library. No one can rival Disney's, which means Disney can immediately come in and compete and likely get every family in America to sign on.""In general, these deals aren't for the consumer's benefit.
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