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.
Activision Blizzard on Thursday released its first annual report on diversity and inclusion, and the results showed that the company has a long way to go before hitting its goals.
The Federal Trade Commission (FTC) has proposed a new rule that would make it easier for consumers to cancel free subscriptions. The so-called "click to cancel" provision requires sellers to make it as easy for users to cancel subscriptions as it was to subscribe.
Ford's business will gradually transition from its internal combustion vehicles to battery electric vehicles, but combustion vehicles will continue to grow for the next few years, CFO John Lawler told Cheddar News.
The U.S. Department of Health and Human Services has released a plan to overhaul the nation's organ transplant system, which has long been plagued by sometimes lethal delays and IT failures.
