Murdoch Emerges as Big Winner in Comcast, Disney Battle

The transcript discusses a major media M&A deal involving Fox assets, highlighting the strategic moves by Rupert Murdoch and Bob Iger. It covers the implications of the merger agreement, including the potential for Disney to make an offer for Sky. The discussion also touches on the future of media M&A, with companies like Lionsgate and others being potential targets to compete with Netflix.

How did Brian Roberts impact the Disney-Fox deal?

• He increased the price Disney paid for Fox by 35%.

• He partnered with Disney to acquire Fox.

• He withdrew from the deal, leaving Disney as the sole bidder.

• He lowered the price Disney paid for Fox.

What was a significant aspect of the meetings between Rupert Murdoch and Bob Iger?

• They discussed merging their companies.

• They planned a joint venture in Europe.

• They decided to sell Fox to Comcast.

• They negotiated over the ownership of Sky.

What was Bob Iger's view on Sky in the acquisition?

• He wanted to sell Sky immediately.

• He considered it a minor asset.

• He was indifferent about acquiring Sky.

• He thought it was the crown jewel of the assets.

What did David Zaslav from Discovery anticipate as a result of the media M&A activities?

• A decrease in his company's valuation.

• An increase in his company's valuation.

• A merger with Netflix.

• A partnership with Lionsgate.

What are companies like Lionsgate doing in response to the media M&A activities?

• They are exiting the media industry.

• They are merging with Netflix.

• They are looking for new assets to compete better.

• They are reducing their market presence.