Disney is expected to pay as much as $60 billion for assets of 21st Century Fox, in a deal that could be announced Thursday. Seeking Alpha Author Mike McNeil joins Cheddar to discuss what this sale could mean for movie and streaming services.
McNeil believes this opportunity to buy Fox could help Disney's Studio Entertainment division bolster its content. Next year, Disney will come back strong with the newest "Avengers" movie, and the highly anticipated "Frozen 2" is coming in 2019.
Plus, when it comes to Disney's future streaming service, McNeil talks about how Fox properties could help it compete with Netflix or Hulu. Earlier this year, Disney pulled all its content off Netflix to gear up for its own similar service.
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Shares of Deliveroo, the food delivery service based in London, are hitting three-year highs on Monday after it received a $3.6 billion proposed takeover offer from DoorDash.
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The State Bar of California has disclosed that some multiple-choice questions in a problem-plagued bar exam were developed with the aid of artificial intelligence.