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Posts tagged ‘Disney’

The Disney /Fox Merger

Top Democrats are concerned about the merger, which could potentially violate antitrust laws. Senator Amy Klobuchar (D-Minn.), the ranking member of the Senate Judiciary antitrust committee,  is concerned about the impact of this transaction on American consumers, and also commented that this merger was “another industry-changing merger, which would have major implications in television, film, and media.”

Klobucher has reportedly asked Sen. Mike Lee (R-Utah) and Sen. Chuck Grassley (R-Iowa), who chair the antitrust subcommittee and the Judiciary Committee, respectively, to schedule a hearing on the matter.

Representative David Cicilline (D-R.I.) called for his committee, the House Judiciary’s antitrust subcommittee, to take a closer look at the deal as well. “Disney’s proposed purchase of 21st Century Fox threatens to put control of TV, movie, and news content into the hands of a single media giant,” he said.

“If it’s approved,” he continued, “this merger could allow Disney to limit what consumers can watch and increase their cable bills. Disney will gain more than 300 channels, 22 regional sports networks, control over Hulu, and a significant portion of Roku.”

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Disney Breaks Up With netflix

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Disney will be launching a new, stand-alone ESPN streaming service in 2018. This is wonderful news to those who have left cable behind but still yearn to watch sports. It is also big for ESPN, which has had a rough couple of years. The sports media empire lost 12 million subscribers since its peak in 2011, and the company fired a number of high-profile employees in 2017, including NBA reporters Marc Stein and Chad Ford. Former ESPN writer Bill Simmons claimed that the company was too slow to recognize the importance of digital infrastructure. 

The new ESPN service will offer “approximately 10,000 live regional, national, and international games and events a year, including Major League Baseball, National Hockey League, Major League Soccer, Grand Slam tennis, and college sports. Individual sport packages will also be available for purchase, including MLB.TVNHL.TV and MLS Live.”

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