Moviedash.com
  • Home
  • News
  • Movie Reviews
  • Editorials
  • Trailers
  • Giveaways
No Result
View All Result
Moviedash.com
  • Home
  • News
  • Movie Reviews
  • Editorials
  • Trailers
  • Giveaways
No Result
View All Result
Moviedash.com
Home News

Comcast Urges Fox To Accept Their Deal For Properties

They're resilient, that's for sure.

Jeremy Alexander by Jeremy Alexander
June 14, 2018
Comcast Urges Fox To Accept Their Deal For Properties
31
VIEWS
Share on FacebookShare on Twitter

The deal surrounding Disney’s acquisition of Fox’s assets seems to be winding battle. Cable giant Comcast’s bid for their assets complicated things for Disney. Comcast has been unrelenting even after Disney’s $52.4 billion deal was accepted as opposed to Comcast’s $60 billion deal. They presented a much higher all cash-bid to acquire the assets and are now reaching out directly to to the company’s shareholders.

ADVERTISEMENT

Its a wonder why Fox would choose Disney’s deal over Comcast’s hefty sum. Fox saw Disney as a safer bet especially in light of the Trump Administration’s Justice Department antitrust suit that intended to block the AT&T-Time Warner merge. Disney also offered a break up fee in the event of it failing to win regulatory approval unlike Comcast’s deal which did not.

Comcast has been continually striving on this matter as reports from Deadline suggests that the company provided a 43 page document file urging Fox to reject Disney’s offer and consider their deal. Comcast’s offer now stands at a whopping $65 billion. Some things need to be settled before the Disney-Fox deal can become a reality including a vote by Fox shareholders set to take place on July 10 which seems a little unlikely following Comcast’s offer that could suspend the scheduled date.

In case some are unaware, Fox owns much of the characters from the X-Men and Fantastic Four and Disney has the Marvel Cinematic Universe. There’s a reason why we didn’t see The Avengers and the X-Men team up and that’s due to this. However, with Disney’s offer to acquire their assets, those prospects were becoming closer…. and then Comcast came into the mix.

It may seem like Comcast is the “bad guy” for blocking off the possibility of the MCU characters and Fox’s X-Men and Fantastic Four from meeting but just remember these are giant companies that seek to make profit at the end of the day. Sure, Disney may seem like they have the fans’ interest in mind but to be honest, I think they care more about your wallets than anything else and that’s no different from Comcast. Comcast has been pushing really hard, maybe they have some impressive plans…… or not.

Source: Deadline

Tags: 20th Century FoxComcastDisneyX-Men
Share1Tweet1SendShare

Related Posts

Mulan
News

Mulan Will Be Released in Malaysia on September 4th

by Dashran Yohan
August 7, 2020

Local theatre chain, GSC has confirmed that Disney's live-action remake of Mulan will be released in Malaysian cinemas on the 4th of September....

Read more
Mulan
News

Mulan is Heading Straight to Disney Plus in the US; Might Release in Malaysian Cinemas

by Dashran Yohan
August 5, 2020

In a move not many saw coming, Disney has announced that Mulan will skip out on its planned theatrical release and head...

Read more
Could We Ever See A DC-Marvel Crossover Film?
Editorials

Could We Ever See A DC-Marvel Crossover Film?

by Samuel Lim
July 28, 2020

History has often been shaped by famous rivalries. Edison vs Tesla, Coke vs Pepsi, Apple vs Microsoft. One rivalry that...

Read more
ADVERTISEMENT

LATEST REVIEWS

Project Power

Project Power

Project Power is a bit of a hot mess. If you can
Roh

Roh (2020)

In the black of night, may your soul be taken in
The Sonata

The Sonata (2020)

While boasting a certain technical shimmer, The Sonata fails to capitalise
Train to Busan Presents: Peninsula

Train to Busan Presents: Peninsula (2020)

Peninsula is a fairly fun expansion pack from the 2016 film
Low Season

Low Season (2020)

As predictable and cheesy as it is, Low Season just might

TRENDING TODAY

Creators Of Alita: Battle Angel Gifts New Bionic Arms To Young Amputee
News

Creators Of Alita: Battle Angel Gifts New Bionic Arms To Young Amputee

2 years ago
Tenet
Editorials

Everything You Need To Know Before Watching Tenet

5 months ago
Tenet
Editorials

What is Christopher Nolan’s Tenet Really About?

8 months ago
Venom vs Carnage
Editorials

Venom vs Carnage: Who Would Win In A Fight?

2 years ago
Thor vs Superman
Editorials

Marvel’s Thor vs DC’s Superman: Who Would Win In A Fight?

9 months ago
Spider-Man Tom Holland
Editorials

Why Tom Holland’s Spider-Man/Peter Parker Is The Worst One Yet

2 years ago
Moviedash.com

Moviedash.com was forged in the scorching fires of Mount Doom for one reason: To share our passion for movies with fellow movie lovers. Yeap, we're weirdos, just like you!

We're your brutally honest and unfiltered source of movie news, reviews, and editorials.

  • About
  • Advertise
  • Privacy
  • Contact

©2020 Vijandren Ramadass. All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Reviews
  • Editorials
  • Trailers
  • Giveaways

©2020 Vijandren Ramadass. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.