Disney’s acquisition of 21st Century Fox was finalized early this morning. Bob Iger, Chairman and CEO of The Walt Disney Company, has released an official statement. Here’s what he has to say about the merger: “This is an extraordinary and historic moment for us—one that will create significant long-term value for
Tag: 21st Century Fox Deal
Disney’s Acquisition of 21st Century Fox is Finally Complete
At 12:02am ET on Wednesday, March 20th, the Walt Disney Company’s acquisition of 21st Century Fox will be officially complete. The multi-billion dollar deal was first announced in December of 2017. After much consideration and negotiation, Disney will absorb the rights to all 21st Century Fox movie and TV divisions.
Bob Iger’s Salary is Being Amended
In January, The Walt Disney Company announced CEO Bob Iger’s compensation package for 2018. Just before the shareholder meeting, Iger’s salary has been amended with changes to his base salary and bonus. Overall, Iger will see a reduction in his total compensation with both his base pay and bonus dropping.
Disney and Fox Nab a Combined 37 Oscar Nominations
Earlier this week the 2019 Academy Awards nominations were released after what has already been a widely talked about show. After all of the announcements were made, Disney, Pixar, Marvel, and Lucasfilm received a total of 17 nominations, and 21st Century Fox received 20 nominations. Combined, the two studios totaled 37 nominations setting
Disney+ is Coming and the Excitement for the Highly Anicipated Streaming Service is Growing
Disney+ is getting closer to its highly anticipated arrival! Rumors are swirling with speculation of what the Disney owned streaming service will bring and we are getting more details. The chairman of Walt Disney direct-to-consumer and international offers division, Kevin Mayer has wrapped up the $71.3 billion deal with 21st
After a Significant Year Disney CEO Bob Iger Receives a Pay Raise
Disney CEO, Bob Iger has received a pay raise to his annual salary. The Walt Disney Company revealed in the SEC filing this past Friday Iger’s salary was up 80 percent to $65.6 million. Other executives salaries were also reported. CFO Christine McCarthy collected earnings totaling $11.8 million, general counsel Alan Braverman earned $10.4
The Walt Disney Company Shows Interest in Acquiring Sky News
The Walt Disney Company has been in negotiations with 21st Century Fox, however, another company has also caught Disney’s eye: Sky News. Last year, we received a big announcement about Disney’s plans to take over a large chunk of 21st Century Fox. However, as the year unfolded we have seen
