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    Disney’s Bid For Fox Gains U.S. Antitrust Approval

    By SHOOTUpdated:No Comments2628 Views
    This June 14, 2018, file photo shows the 21st Century Fox logo outside its New York office. The Walt Disney Co. on Wednesday, June 27, 2018, won U.S. antitrust approval for its $71.3 billion bid for Twenty-First Century Fox’s entertainment assets. (AP Photo/Mark Lennihan, File)
    NEW YORK (AP) --

    The Walt Disney Co. on Wednesday won U.S. antitrust approval for its $71.3 billion bid for Twenty-First Century Fox's entertainment assets.

    Disney must first sell its 22 regional sports networks, the Department of Justice said. The company has 90 days to sell the networks, with an option to extend for another 90 days.

    Fox's assets have been the target of bidding war between Comcast and Disney. Comcast offered nearly $66 billion for Fox's assets, which include the FX network and the studio that houses the X-Men franchise.

    Fox has the option to consider other offers and Comcast could raise its bid.

    The battle for Twenty-First Century Fox reflects a new imperative among entertainment and telecommunications firms. They are amassing ever more programming to better compete with companies such as Amazon and Netflix for viewers' attention — and dollars. The news comes on the heels of AT&T buying Time Warner for $81 billion.

    "Today's settlement will ensure that sports programming competition is preserved in the local markets where Disney and Fox compete for cable and satellite distribution," said Assistant Attorney General Makan Delrahim of the Justice Department's antitrust division in a statement.

    Fox declined to comment.

    Category:News
    Tags:Twenty-First Century FoxWalt Disney Co.



    Robert Eggers and Willem Dafoe Reunite For “Nosferatu”

    Tuesday, December 24, 2024

    When Willem Dafoe enjoys working with a filmmaker, he'll often jump at the chance to do it again.

    The list of directors with whom the 69-year-old has worked with more than once is extensive, including Wes Anderson,Yorgos Lanthimos,Paul Schrader,Lars von Trier and, now for a third time, Robert Eggers. "If it's good, you come back," Dafoe said plainly.

    The pair spoke about Eggers' adaptation of "Nosferatu" that hits theaters Wednesday, some of the challenges they faced making "The Lighthouse" — their first project together released in 2019 — and the unique relationship that exists between actors and directors.

    The interview has been edited for clarity and brevity.

    Q: Willem, I read that you called Robert after you saw "The Witch." What did you say?

    DAFOE: I want to meet you and I want to know who this filmmaker is.

    Q: What is it about him that keeps bringing you back?

    DAFOE: Well, if it's good, you come back. When I saw "The Witch," I thought, "Wow, this is a film about a period that I'm not particularly knowledgeable about, but I enter it so easily. This is relevant. It's rooted. It's my story. I'm with these people."

    That's quite an incredible trick because a lot of period films, they're always pointing to themselves. They're always sending messages. They're always showing. This had a kind of energy and the kind of physicality and sensuality that I thought, "Who does this? I gotta see this guy." And then I had a wonderful experience in "The Lighthouse" and I played a part that was really fun in "The Northman." So, when he wants to do this passion project and offers me this beautiful role of Professor Von Franz, I say,... Read More

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