United States gives Disney-Fox deal antitrust approval
United States gives Disney-Fox deal antitrust approval
The Kingsman franchise is one of Fox's core properties. Twentieth Century Fox
28 June, 2018, 04:40
Walt Disney's proposed mega-deal with 21st Century Fox moved a step closer to reality Wednesday as U.S. regulators conditionally cleared the tie-up which could reshape the media-entertainment landscape.
As part of the regulatory approval, the Justice Department has instructed Disney to divest Fox's regional sports networks. Comcast, which owns the NBCUniversal group and is the largest United States cable operator, was reportedly exploring partnering with another company on a higher bid. In May, the company announced that they were in the "advanced stages" of preparing an offer to top Disney's Fox bid. Other regulatory agencies still need to sign off on it and Comcast is considering upping its original offer of $65 billion to upwards of $90 billion, the Wall Street Journal reported.
The DOJ's court filings included this map of Fox's regional sports networks. The DOJ was much less likely to approve a Comcast-Fox merger, which the latter was well aware of.
That concession was long expected, as Disney owns ESPN, but the Justice Department filed a complaint this morning to block the entertainment conglomerate from acquiring those properties. Comcast is now mulling its next steps, including possibly teaming up with private equity investors in its pursuit of Fox assets, a person familiar with the situation said on Wednesday.
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The move comes as the vigil continues in the high-stakes duel for 21st Century Fox's studio and cable network assets.
"American consumers have benefitted from head-to-head competition between Disney and Fox's cable sports programming that ultimately has prevented cable television subscription prices from rising even higher", Assistant Attorney General Makan Delrahim of the Justice Department's Antitrust Division, said in a statement.
According to Reuters, Fox's RSNs have about 61 million subscribers and have rights to broadcast live games of 44 of 91 us professional sports teams in three of the four major sports leagues.
Fox has claimed that any tie-up with Comcast could face a tougher road with regulators, despite claims by Comcast to the contrary. That threat prompted AT&T Inc.to buy Time Warner Inc., a deal the government challenged and lost at trial earlier this month.
With Mexico taking control of the group, Germany can still finish as the runner-up with good results in their last two matches. World champions Germany failed to progress to the knockout stages at the 2018 World Cup after losing 2-0 to Korea Republic .
Beijing is also suspicious of USA intentions toward self-governing and democratic Taiwan, which is armed by the United States. Mattis said he sought "open dialogue" at a strategic level when he met with military officials in Beijing .
We're here to get a result. "We know we're up against the wall but beating Croatia before gives us belief", said the midfielder. While Sampaoli is under huge strain as he fights to save his reputation, Nigeria coach Gernot Rohr faces less pressure.
Uruguay have finished as first round group winners for the fifth time, having done so previously in 1930, 1950, 1954 and 2010. But perhaps the biggest plus was the late goal from Cavani, who had been frustrated during the group stage.
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But after a 1-1 draw against Switzerland, Brazil needed two injury-time goals to pull out a 2-0 victory over Costa Rica . If both draws are with the same score, Germany finish second due to their head-to-head win over Sweden.
Pete continued, 'Some dude comes to me and is like, 'Yo dude, you gave me hope .' And I was like, I didn't know I was that ugly'. The video shows Grande's hand and her BFF Courtney Chipolone 's new matching tattoos that say, "H2GKMO".
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McLaren still fared better than former champions Williams, who had Russian Sergey Sirotkin 19th and Canadian Lance Stroll 20th. Renault's Carlos Sainz was seventh fastest and Sauber's Charles Leclerc an eye-catching eighth.
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Spain's brand of football makes them easy on the eye and Isco and Iniesta provide the creativity to cut open defences. Spain will take on Russian Federation while Portugal will come face to face with Uruguay .
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While Mexico's defense has been solid, Ochoa is the biggest reason that El Tri have given up just one goal in the tournament. Mexico has been in complete control of its previous two matches, beating Germany 1-0 and recent South Korea , 2-1.