“I sincerely hope this holiday season will drain the poison that has infected our politics, and set us against one another,” an optimistic President Joe Biden said this afternoon in a Christmas address to the nation. However, if the politically nimble Democrat in the White House hoped to break through the echo chamber of our national discourse, Fox News Channel burst that wish
Fox Considering Best Interests “Of All Its Shareholders” In Possible News Corp. Merger, CFO Promises After Big Investors Sound Off
05.12.2022 - 20:13 / deadline.com
Fox CFO Steven Tomsic promised that “whatever happens” as its board considers merging with News Corp., creating value for shareholders “will be at the forefront of everyone’s mind.”
Last month, Rupert Murdoch asked special committees of Fox and News Corp. directors to evaluate re-merging the two companies. Since then, several shareholders on both sides have publicly protested that a new combination — bringing assets like Fox News, the Fox broadcast network, The Wall Street Journal and Dow Jones under a single umbrella — doesn’t make sense for either one.
“I think when the announcement came out in October, it was probably closer to the start of the process than the end of the process,” Tomsic said at the UBS media conference. “So I think that it is now in the hands of the Fox Corp. special committee, and News Corp. has its own special committee, so they will be very concerned and very deliberate and.. will make the right decision.”
He said the Murdochs have a good track record – splitting off 20th Century Fox from the “old, old News Corp.,” resulting in a standalone Fox Corp. and News Corp., and taking “what is the value maximizing approach for the company and all its shareholders and I think those principles will continue to hold true.”
News Corp. and Fox split in two in 2013. Most of Fox entertainment assets were subsequently sold to Disney in 2019 for $71 billion in what now appears to be a particularly prescient deal as media valuations struggle.
Franchise Partners, one of the largest shareholders apart from the Murdoch family, with stakes in Fox and News Corp. of more than 7%, told the special committee set up by News Corp. that it doesn’t think a combination would realize the full value of both entities.
Irenic
The website popstar.one is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
deadline.com
21.12.2022 / 03:31
Disney & 20th TV EVP Nissa Diederich Swatted With Retaliation Lawsuit From Ex-Exec Jim Sharp’s Stuntman Son
The stuntman son of the man who Nissa Diederich took over from at 20th Television last year is suing the EVP and the Walt Disney Company for retaliation and putting him on a career killing blacklist.
glamour.com
20.12.2022 / 00:59
The Best Beauty Trends of 2022
or the , there's no denying that they were two of the past year's biggest beauty trends. Other contenders? and , of course, plus pretty much any —of which it's insanely hard to keep track.
deadline.com
19.12.2022 / 22:03
‘Avatar: The Way Of Water’s $170M+ Promo Push, Led By Mercedes-Benz & More, Rides Sequel’s Opening Wave
EXCLUSIVE: Buttressing the $441.6M global opening of Avatar: The Way of Water this past weekend –the 11th best ever– is a curated promo partner campaign assembled by Disney; a lineup that reflects the eco-friendly and technologically advanced sensibilities of the James Cameron directed epic.
perezhilton.com
19.12.2022 / 01:25
Prince Harry & Meghan Markle Want In-Person Meeting & Apology From Royal Family Before They’ll Consider Attending King Charles’ Coronation!
Prince Harry and Meghan Markle want to hash things out with the royal family once and for all before King Charles III’s coronation!
deadline.com
17.12.2022 / 00:13
‘Blockbuster’ Canceled By Netflix After One Season
Netflix has opted not to renew new comedy series Blockbuster for a second season.
deadline.com
08.12.2022 / 22:47
Red Sea Film Festival Winners: ‘Hanging Gardens’ By Ahmed Yassin Al Daradji Takes Best Film Award
Iraqi filmmaker Ahmed Yassin Al Daradji picked up the Golden Yusr for Best Feature Film at the Red Sea Film Festival with his debut feature Hanging Gardens.
deadline.com
07.12.2022 / 02:25
Fox, News Corp. Hire Independent Advisors, Clarify Rupert Murdoch Role Amid Merger Deliberations
Rupert Murdoch and the Murdoch Family Trust will not vote in favor of a Fox-News Corp. merger unless the combination has the blessing of special committees of outside directors, and of non-Murdoch affiliated stockholders.
usmagazine.com
07.12.2022 / 01:45
Megan Fox Nearly Avoids Wardrobe Malfunction in the Tiniest Crop Top
Close call! Megan Fox barely avoided a wardrobe malfunction while wearing an ultra-mini crop top.
glamour.com
05.12.2022 / 22:17
Megan Fox Wore an Underboob-Baring Crop Top and Pink Feather Hat to Channel Pamela Anderson—See Pics
alive.On December 4, hit up the Audacy Beach Festival in Fort Lauderdale, Florida wearing an underboob-baring hot pink crop top, Barbie pink cargo pants, pink pointed-toed heels, and an over-the-top feathered pink hat. I don't know what occupation Mattell would use to sell this Barbie, but I have a feeling they'd find a way.
deadline.com
05.12.2022 / 17:53
Piers Morgan To Interview Convicted Killers For Fox Nation True-Crime Series
EXCLUSIVE: Piers Morgan is set to return to true-crime documentaries under his global deal with News Corp and Fox News Media.
deadline.com
05.12.2022 / 01:27
British Independent Film Awards: ‘Aftersun’ Sweeps With 7 Wins Including Best Film
Scottish filmmaker Charlotte Wells’s acclaimed debut feature Aftersun swept the board, snagging seven wins at the British Independent Film Awards (BIFA) in London this evening.
deadline.com
03.12.2022 / 22:59
DirecTV And Fox Reach Carriage Renewal, Averting Blackout
Fox Corp. and DirecTV agreed to a multi-year carriage renewal, agreeing to extend talks for several hours beyond the prior deal’s expiration in order to avoid a blackout of several networks and local stations.
deadline.com
30.11.2022 / 15:47
Fox Seeking International Co-Productions, Options “Best-Selling British Thriller” & “Looks Into” International Detective Franchise
Fox’s new distribution outfit Fox Entertainment Global (FEG) is pushing into international scripted co-productions, has optioned a “best-selling selling British thriller” and is “looking into” an international detective franchise.