Disney's pursuit of Fox RSNs could be big boost for ESPN

Walt Disney Logo

"If Disney is successful in acquiring the Fox RSNs, it would combine the biggest national sports network in the US, ESPN, with the biggest RSN group in the country, along with some of the most popular college conferences (SEC, ACC, and BTN)".

Murdoch, the scion of Fox chairman Rupert Murdoch, could end up being the successor to current Disney CEO Bob Iger when Iger retires in 2019, according to a Wednesday report in the Financial Times.

Disney is in the midst of negotiations on a reported $60 billion deal to acquire studio and TV assets from 21st Century Fox.

Disney did not immediately respond to request for comment from TheWrap.

Fox Chief Executive James Murdoch, speaking at the UBS Global Media and Communications Conference in NY on Tuesday, declined to comment on reports about a potential sale.

The deal contemplates the sale of Fox's Nat Geo, Star, regional sports networks, movie studios and stakes in Sky and Hulu, among other properties.

Instagram testing a stand-alone messaging app called Direct
Instagram is testing the app right now in Chile, Israel , Italy , Portugal, Turkey, and Uruguay for both Android and iOS users. If you anxious this new app would make private messaging complicated, this proves it won't.

Shares of Disney fell to session lows on the news before settling down 1.58 per cent at $105.53 apiece.

Meanwhile, Fox would be left with its news broadcast operation, plus some of its sports assets, under the leadership of Lachlan Murdoch, James's brother.

Guggenheim's analysis put the value of all of Fox assets at $68 billion. According to WSJ sources, a provision about Iger staying on to help lead the integration of the two companies' assets could be added to any agreement made.

Those assets would offer the opportunity for both Comcast and Disney to broaden their worldwide distribution footprint.

Any potential deal would follow the US Department of Justice's decision to sue to block AT&T Inc's $85.4 billion deal to buy Time Warner Inc.

Related News:

  • 76ers trading Jahlil Okafor to the Nets

    76ers trading Jahlil Okafor to the Nets

    Okafor was the third player selected in the 2015 NBA Draft, but never lived up to expectations with the 76ers. More importantly, the Sixers can now move on with both parties getting what they wanted.
    Amazon Prime Video begins rolling out to the tvOS app store

    Amazon Prime Video begins rolling out to the tvOS app store

    The app release should open the door for Amazon to start selling the Apple TV device, according to the report . Prime Video comes bundled with Amazon Prime , and users can join both for a yearly subscription of Rs 999.
    Priyanka Chopra becomes most attractive woman of 2017 in Asia

    Priyanka Chopra becomes most attractive woman of 2017 in Asia

    The other top 10 include Drashti Dhami (6), Katrina Kaif (7), Shraddha Kapoor (8), Gauahar Khan (9) and Rubina Dilaik (10). She lost the top spot to Priyanka Chopra , but finished a position ahead of last year's victor Deepika Padukone .
  • Glassdoor reveals rankings for best places to work in 2018

    Glassdoor reveals rankings for best places to work in 2018

    A company must have at least 75 ratings on Glassdoor and at least 1,000 employees to be considered for the primary list. Employment-centric startup Glassdoor just released their list of the top 100 Best Places to Work in 2018 .
    LiAngelo and LaMelo Ball signing with agent, will turn professional

    LiAngelo and LaMelo Ball signing with agent, will turn professional

    Ball posted the gif Thursday, tagging the president's account and adding the hashtags, "The Trump Dunk" and "Stay in yo lane". According to Goodman, LaVar Ball was frustrated that the school had not yet determined the length of his son's suspension.
    Hackers Shut Down North Carolina County, Demand Ransom

    Hackers Shut Down North Carolina County, Demand Ransom

    But without getting the compromised servers unlocked, the county will have to rebuild significant parts of the system. Wednesday to pay two Bitcoin in exchange for an encryption key that would release the files.
  • Melania Trump, Karen Pence visit Harvey relief efforts

    Melania Trump, Karen Pence visit Harvey relief efforts

    They will not be the Coastal Bend's first White House visitors since Hurricane Harvey. They will also see the family's new FEMA manufactured housing unit.
    American and Other Airlines To Ban Smart Bags

    American and Other Airlines To Ban Smart Bags

    The new restrictions by U.S. airlines are a blow to smart-luggage companies like Bluesmart, whose batteries are not removable. If the customer is able to take the bag into the cabin with them, the customer will be able to leave the battery installed.
    Release delayed for Gotti biopic filmed in Tri

    Release delayed for Gotti biopic filmed in Tri

    HBO released Gotti: The Rise and Fall of a Real Life Mafia Don in 1996 starring Armand Assante as the crime boss. John Travolta-starrer " Gotti " has been dropped by Lionsgate ten days prior to its domestic release.
  • United States  defense chief calls for deepening anti-terror cooperation with Pakistan

    United States defense chief calls for deepening anti-terror cooperation with Pakistan

    Pakistan is confident that the United States will amend its South Asia strategy announced by President Trump in August this year. En route to Pakistan Mattis told reporters he would not use pressure as a tactic, and insisted he would do "some listening".
    Redmi 5, Redmi 5 Plus With Large Battery Launched

    Redmi 5, Redmi 5 Plus With Large Battery Launched

    Under the hood, Redmi 5 is powered by Qualcomm's Snapdragon 450 processor, whereas Redmi 5 Plus runs on Snapdragon 625 processor. The previous measures 151.8×72.8×7.7mm and weigh 157 grams, while the last measures 158.5×75.45×8.05mm and weigh 180 grams.
    Lionel Messi admits Newell's Old Boys doubts

    Lionel Messi admits Newell's Old Boys doubts

    He added: "Bench role?" "I realised that sometimes not playing is for the best". 'Being on the bench is awful . Argentina have been drawn in Group D at the World Cup alongside Iceland, Croatia and Nigeria.


Most liked

Why Walmart changed its name
Inc. now owns 1,526 shares of the retailer's stock worth $115,000 after buying an additional 1,252 shares in the last quarter. The retailer reported $1.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.97 by $0.03.

Scientists Think They Found a 'Super Earth' Outside Our Solar System
The second planet is about the same size as its sister, but orbits closer to the star, likely making it too hot to be livable. The analysis of the radial velocity measurements also helped them discover another planet revolving around K2-18.

Immigrant arrests, deportations increase in Colorado during first year of Trump presidency
No longer would they only arrest unauthorized immigrants who had committed serious crimes or had entered the country recently. But, "to take the 1,000 arrests a day to say that we're finished, it's not stating what the facts are".

Far Cry 5 Delayed to Provide a "Higher Quality Experience"
When they do eventually arrive, we'll see both games launch for PlayStation 4, PlayStation 4 Pro, Xbox One, Xbox One X, and PC. Fans who have been anticipating the releases of Far Cry 5 and The Crew 2 will have to wait a little longer.

Trump says USA government shutdown could happen, blames Democrats
House Minority Leader Nancy Pelosi said at a press conference on Thursday that it is one of the party's priorities. This time, the White House smoothed the waters by following up with a more peaceable, written statement.

GOP tax plan is deeply unpopular, according to new Quinnipiac poll
Trump told reporters Tuesday that he views the tax plan as a "tremendous bill for jobs and for the middle class". President Donald Trump's approval rating sits at 35 percent, the poll found, down 3 points from November.

Sophie Turner Just Confirmed The GoT News Nobody Wants To Hear
Weiss taking turns on directorial duties of the final six episodes , with the latter two helming the series finale. Star of the HBO drama Sophie Turner confirmed to Variety that the eighth and final season will premiere in 2019.

Mayor of London Sadiq Khan arrives in Lahore, meets CM Shahbaz Sharif
The London mayor was also briefed about the investment opportunities for trade and investment in the country. Earlier, London Mayor Sadiq Khan arrived in Pakistan on an official visit through Wagah Border.

Eating Small Bits Of Cheese Daily Helps Lower Heart Disease Risks
Now, cheese-lovers can sleep well knowing that their midnight snack or post-night-out cheese fry indulgence is actually good for them.

New Tomb Raider confirmed, here's what the leaks already tell us
Either way, be on the look out in 2018 for when Square Enix decides to officially unveil the new Tomb Raider game. This film is based on the rebooted franchise, so there is certainly nice synergy between the movie and games now.

First snow flurries of season set to fall into festive place
Road surface temperatures won't be as low as in recent cold spells, but they will be sub-zero in large parts of the county. AA Roadwatch warned road users of wind-blown debris, especially on coastal routes after a night of rain and high winds.

Australia House of Representatives approves same-sex marriage bill
With the new bill, same-sex couples that were legally married in other countries will now have these marriages recognized. Prime Minister Malcolm Turnbull , who had supported legalization, tweeted support for the measure after its passage.

Brussels loses right to host Euro 2020 matches, Wembley gains four games
But the exclusion of Brussels means the 90,000-seater venue will also get group games and a match in the first knockout round. While the full schedule is still to be confirmed by UEFA, the Stadio Olimpico in Rome will stage the opening game.

20-Year-Old Florida Man Responsible For Massive Uber Hack
Hackers and security researchers are typically paid thousands of dollars for bugs they find, depending on their severity. A new report from Reuters says that a Florida man, 20, was behind the massive hack.

Horse race bet with William Hill
How to place a bet To place your wager/bet, all you need is to provide the appropriate information to the ticket writer. Simply you just have to pay £1horse bet and you can easily watch the live horse racing broadcast on your device.