Fox Corp. Begins New Era As Stand-Alone Company, With Former House Speaker Paul Ryan Joining Board

With fewer than 24 hours remaining before the acquisition of 21st Century Fox by Disney closes, the remaining stand-alone entity Fox Corp. begins trading today and has announced new members of its board of directors. The company will maintain the ticker symbols FOXA and FOX for its Class A and Class B common shares, respectively, and will trade on the […]

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Judge Tosses Ex-Producer’s Defamation Lawsuit Against Bill O’Reilly And Fox

A New York federal judge has dismissed a lawsuit filed by a former Fox News Channel producer that claimed Fox News, its parent company 21st Century Fox and Bill O’Reilly breached a 2002 settlement agreement. The producer, Rachel Witlieb Bernstein, one of several women who reached settlement agreements stemming from alleged sexual harassment from O’Reilly, claimed in her original suit […]

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Disney-Fox Reality Check: Combined Company Will Profit From Deal, But Only After Streaming Spending Spree – Analyst

When Disney’s $71.3 billion deal to acquire most of 21st Century Fox closes in the coming weeks, the combined company will remain an appealing target for investors, but only those willing to indulge hefty near-term spending on direct-to-consumer streaming. That’s the basic takeaway from a new research report by Macquarie analysts Tim Nollen and Stephen Beckett. In the 18-page note […]

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Fox And Disney Stocks Gain After Chinese Regulators Approve Merger

On an otherwise down day for stocks, 21st Century Fox and Disney shares are both gaining today after Chinese regulators approved the companies’ landmark merger without conditions. Fox shares are up more than 3% to $49.66, while Disney’s have risen a fraction to $117. Broader indices including the Dow, Nasdaq and S&P are all slumping, putting the two media companies […]

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Disney Offers Compromise To European Regulators In Bid For Fox Deal OK

Disney has offered concessions to European regulators in order to gain approval of its acquisition of most of 21st Century Fox. The European Commission confirmed the move today and said it was extending its deadline for reviewing the deal to November 11 from October 19. It did not provide details about what Disney has offered. The agency will be speaking […]

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New Fox Promotes Five Top Executives Ahead Of Disney Deal Close

New Fox — or, as it now calls itself, just “Fox” — has unveiled promotions for five top executives along with other organizational moves before the Disney-21st Century Fox deal closes in the coming months. The main promotions are: Eric Shanks, to CEO of Fox Sports from his current role of President, Chief Operating Officer & Executive Producer, Fox Sports; […]

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