Comcast targeting Sky control in Fox deal

Disney's Chief Executive Officer Bob Iger holds a news conference at Shanghai Disney Resort as part of the three-day Grand Opening events in Shanghai China

Iger, who is 66, has already postponed his retirement from Disney three times. According to a filing with the SEC, Iger is in line for a cash bonus of $5 million in addition to an award for fiscal 2019 as long as he stays on through the end of his renewed contract. With the sale, Fox intends to focus on just sports and news and it believes that these are the fields where the firm can efficiently compete.

But the Murdochs, including patriarch Rupert Murdoch, who would become big Disney shareholders, want Iger to stay and manage the integration of the Fox assets, valued at about $60 billion, accordinog to reports.

Comic book fans are understandably stoked at the possibility of seeing the X-Men and Fantastic Four characters become a part of the Marvel Cinematic Universe, but if this deal does happen, then Disney would be gaining far more than the rights of those Marvel characters. If the deal goes through, the Murdoch family would hold a significant investment in The Walt Disney Company.

Anchor responds on air to viewer who called her the 'N word'
She explained that she believes discussions on race are important and that it's an issue that had entered the mayor's race. Reed added that she responded to the viewer, who complained that the anchor called her out for misspelling the n-word.

A deal with Disney might overcome some of those challenges. The newspaper reported that "people with knowledge of the talks" said a deal could be announced as soon as next week.

"We assume DIS would pay ~$78B (equivalent to ~$42/shr), incl. the assumption of $12B in net debt, for almost $5.5B of EBITDA as well as FOXA's unconsolidated assets (SKY, Hulu)".

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