|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||36.00 - 36.95|
|52-week range||24.81 - 37.13|
|PE ratio (TTM)||22.50|
|Earnings date||7 Feb 2018|
|Forward dividend & yield||0.36 (0.97%)|
|1y target est||38.73|
Twenty-First Century Fox (FOXA) (or Fox) continues to dominate the huge Indian market with a strong STAR channel portfolio. Fox’s strong Indian presence continues to play an important role in driving Fox’s Cable Network Programming segment. During that period, the segment grew at a CAGR (compound annual growth rate) of 10.3%.
As Walt Disney’s (DIS) stake in Hulu is set to double if Disney’s deal with Twenty-First Century Fox (FOX)(FOXA) goes through, it’s important to examine Hulu closely to see what kind of business Disney is seeking to double its exposure to. Disney’s $52.4 billion acquisition of most of Fox’s assets is expected to take its stake in Hulu from 30% to 60%. What’s interesting in all this is that Disney is looking to double its stake in Hulu while it’s planning to roll out its own Hulu challengers as soon as next year.
Rupert Murdoch’s News Corp. agreed to a last-minute settlement before the start of another phone-hacking trial in London that would have raked up incidents from more than a decade ago.
NEW YORK (AP) — Media mogul Rupert Murdoch hurt his back in a recent sailing accident, according to a note provided to The Associated Press.
Rupert Murdoch suffered a painful back injury while sailing and plans to recuperate at home for a few weeks, according to an email to colleagues that was seen by Bloomberg News.
Twenty-First Century Fox’s (FOXA) (or Fox’s) dream to gain full control of Europe’s largest pay-TV broadcaster Sky by the end of June 2018 came under scrutiny when Karen Bradley, culture secretary of the Competition and Markets Authority, asked for a detailed review. She also raised doubts about the company’s commitment to broadcasting standards and asked reviewers to examine it carefully. During that period, it grew at a CAGR (compound annual growth rate) of 1.9%. In 1Q18, its top line increased 7.6% YoY (year-over-year), driven by double-digit Cable Network Programming segment growth.
NEW YORK--(BUSINESSWIRE)-- News Corp will release its second quarter Fiscal 2018 results on Thursday, February 8, 2018. News Corp Chief Executive Robert Thomson and Chief Financial Officer Susan Panuccio ...
Walt Disney (DIS) and Twenty-First Century Fox (FOX)(FOXA) exude confidence that their $52.4 billion asset transaction deal will sail through regulatory reviews without much delay or need for significant concessions. Meanwhile, AT&T (T) and Time Warner (TWX), which are seeking to combine in a deal valued at $85.4 billion, have taken longer than originally expected to complete their deal. It’s not that Disney and Fox don’t expect significant regulatory scrutiny of their deal, but they hope that regulatory reviews would conclude quickly so that they can close the deal in the next 12 to 18 months.
21st Century Fox Inc. is seriously pursuing the rights to “Thursday Night Football,” a controversial TV property that could lift viewership of its struggling broadcast network and signal Fox’s path forward ...
Walt Disney (DIS) reached a deal in December to purchase most of Twenty-First Century Fox (FOX)(FOXA), the media and entertainment conglomerate controlled by billionaire Rupert Murdoch. The announcement of the deal ended months of speculations that Disney was looking to acquire strategic assets to try to bolster its competition as technology companies such as Netflix (NFLX), Amazon (AMZN), and Alphabet’s (GOOGL) Google disrupt traditional media and entertainment companies. In the deal with Disney, Fox chose to offload its entertainment unit and media operations that it apparently views as not very important in the future it’s seeking.
There has been plenty of optimism about media stocks and tax cuts, but that's only gone so far for Viacom (VIAB), which is falling on Tuesday on news that a merger with CBS (CBS) is far from a done deal, even if insiders are hoping to reunite the two media companies. Rosenblatt's Alan Gould reiterated a Sell rating on Viacom today, writing that even combined, the two companies aren't big enough to create real value for shareholders in the shifting media landscape, and there aren't many synergies to recommend the deal. Elsewhere in media today, B. Riley's Barton Crockett updated his estimates for companies to account for their benefit from lower taxes, and he also upgraded 21st Century Fox (FOXA) to Buy, with a $46 price target, writing that if the Walt Disney (DIS) deal gets done, which he sees as increasingly likely, Fox will have even more benefit than the average media stock. Crockett argues that the upgrade reflects Disney's big benefit from the tax reform, the fact that Fox is still trading at a discount to the takeout offer, and that regulators can probably be appeased by selling assets, which Comcast (CMCSA) might be happy to buy.
“The Post” registered a surge in weekend box-office sales over the Martin Luther King Jr. holiday, with the awards contender from 21st Century Fox Inc. outdrawing three new releases.
“The Post” registered a 10-fold increase in weekend box-office sales over the Martin Luther King Jr. holiday, with the awards contender from 21st Century Fox Inc. outdrawing three new releases.
Walt Disney Co. Chief Executive Officer Bob Iger got $36.3 million in compensation last year as the company announced plans to acquire a majority of 21st Century Fox Inc. His pay will probably more than ...