Analysis: The last act in Disney’s deal-drama looks as good for Sinclair as it is disappointing for Disney
The last act in Disney’s deal drama has been its search for a buyer of the 22 regional sports networks it acquired as part of its takeover of 21st Century Fox. The lucky winner is Sinclair Broadcast Group Inc., according to reporting from The Wall Street Journal. The deal looks as good for Sinclair as it is disappointing for Disney.
The Justice Department required Disney, which is already the majority owner of ESPN, to sell the sports networks to avoid having too much market power in athletic entertainment. The 22 channels...
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Sinclair Broadcast Group is buying 21 regional sports networks from DisneyWalt Disney Co., which inherited the channels as part of its $71 billion deal for much of 21st Century Fox, had hoped to recoup as much as $20 billion for the regional sports networks, including Prime Ticket and Fox Sports West in LA. But a frenzied bidding war failed to materialize.
Weiterlesen »
Here are the biggest analyst calls of the day: Alphabet, Bank of America, Disney & moreHere are the biggest calls on Wall Street on Tuesday
Weiterlesen »
'Avengers: Endgame' is on track to generate more than $1 billion in profit for DisneyOne analyst says 'Avengers: Endgame' could rack up $3.15 billion in global box office and produce $1.2 billion in profit for Disney.
Weiterlesen »
Stocks making the biggest moves premarket: Target, Restaurant Brands, Disney & moreThese are the stocks posting the largest moves before the bell.
Weiterlesen »
Here are the biggest analyst calls of the day: Target, Disney, CVS, American Airlines, & moreHere are the biggest calls on Wall Street on Monday
Weiterlesen »
JP Morgan says buy Disney after blowout Avengers open: 'No Endgame in sight for Disney's success'J.P. Morgan sees the strength of Disney's core studio business as indicative a strong year ahead.
Weiterlesen »
Stocks making the biggest moves midday: Disney, Restaurant Brands, Gardner Denver, Target & moreThese are the stocks posting the largest moves midday Monday.
Weiterlesen »
Bernie Sanders calls on Disney to use 'Avengers: Endgame' profits to pay workers middle class wage“What would be truly heroic is if Disney used its profits from Avengers to pay all of its workers a middle class wage,' Sanders tweeted.
Weiterlesen »