What a Disney/Fox Tie-Up Would Mean For Moviegoers
Disney reportedly has been in talks to buy most of 21st Century Fox, including its movie studio and networks like FX and National Geographic. Sean Aune, editor-in-chief of Techno Buffalo, joined Cheddar to explain what each company would get out of the deal.
Aune says Disney is interested in Fox's TV production to leverage its new streaming platform, due out next year. Disney will not gain control over Fox network or its affiliates, nor would it touch sports. And while Aune considers that running on news and sports is a risky deal, Fox can take on the challenge.
In addition, a potential deal can give Disney control over Fox's Marvel properties, including rights to Star Wars, which would be huge win for the company.
So if this deal does go through, what would it mean for streaming services like Netflix? Aune believes that by the time the Disney streaming service is available, Netflix will be mostly original content, a sector the company has been heavily investing in.
Brian Jacobsen, senior investment strategist with Allspring Global Investments, joined Cheddar News to discuss Tuesday's trading session as investors await key inflation data that could prompt further action from the Federal Reserve.
Accessible travel startup Wheel the World recently raised $6 million in a pre-Series A funding round. Alvaro Silberstein, CEO and co-founder of Wheel the World, joined Cheddar News to explain his company's mission to help people with disabilities and their families have access to travel.
Last year, the minivan only made up 1.8% of auto sales but more and more people are interested in purchasing the comfortable, multi-seater. Cheddar News looks back at the evolution and history of the minivan.
Americans said credit was harder to access last month, according to a survey from the New York branch of the Federal Reserve. The March Survey of Consumer Expectations found that “respondents were more pessimistic about future credit availability as well, with the share of households expecting it will be harder to obtain credit a year from now also rising.”
Wall Street drifted through a muted day of trading Tuesday, with stocks and bonds making modest moves ahead of reports later in the week with the potential to move markets.
