Stock Forecast Based On a Predictive Algorithm | I Know First |March 2018 - Page 47 of 47 - Stock Forecast Based On a Predictive Algorithm

Disney Stock Forecast: Disney Doesn’t Need British Firm Sky, It has Hulu

The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

Summary:

Comcast ignited a bidding war for Sky Broadcasting, adding spice to Disney’s $52 billion buyout of Twenty-First Century Fox Film/TV assets.
Comcast’s offer of $31 billion for Sky is 12.50 pounds per share, or $31 billion.
Comcast’s bid is notably higher than the 10.75 pounds per share offer of the Murdoch group for the 61% of Sky that Twenty-First Century Fox doesn’t own.
To avoid a bidding war, Disney can just exclude Sky from its deal with Twenty-First Century Fox. Disney can focus on growing Hulu and its own SVOD services.
The film/TV library of Twenty-First Century fox is more important than that company’s 39% stake in Sky.