Walt Disney Co has struck a deal to buy film, television and international businesses from Rupert Murdoch’s Twenty-First Century Fox Inc for $52.4 billion in stock, giving the world’s largest entertainment company an arsenal of shows and movies to combat growing digital rivals Netflix Inc and Amazon.com Inc. The deal brings to a close more […]
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Walt Disney Co. decided not to pursue a bid for Twitter Inc. partly out of concern that bullying and other uncivil forms of communication on the social media site might soil the company’s wholesome family image, according to people familiar with management’s thinking. In a report according to Bloomberg, the producer of family fare like […]
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So much for that brief Netflix outage on Saturday hurting its stock. Shares of the company proved Monday to be as bulletproof as Luke Cage, surging nearly 5% on heavy volume. According to CNNMoney, it seems that investors are once again betting on a Netflix takeover. The two rumored bidders? Disney and Apple. Disney (DIS) […]
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