Disney Critic Greenfield Weighs in on Comcast Giving Up the Fox Chase

The transcript discusses the complex bidding war between Disney, Fox, and Comcast over Sky and other assets. It highlights Disney's strategic interest in Sky as a direct-to-consumer asset and the implications of Comcast's involvement. The conversation touches on regulatory challenges, potential conspiracy theories involving Murdoch and Trump, and the strategic importance of Hulu in Disney's plans. The discussion also considers the financial pressures and valuations of regional sports networks in the context of these media mergers.

What significant asset did Disney agree to divest as part of its acquisition of Fox?

• Hulu

• Sky

• Comcast

• Fox's regional sports networks

Why is Sky considered a crucial asset in the global transaction?

• It controls a large portion of the movie industry.

• It is a significant direct-to-consumer asset.

• It is a leading news channel.

• It is a major sports network.

What percentage of Sky does Disney already own through Fox?

• 39%

• 61%

• 100%

• 0%

What is the potential strategic advantage for Disney in acquiring full control of Sky?

• To increase its movie production capabilities

• To expand into the Asian market

• To control all of Sky's free cash flow

• To dominate the sports broadcasting market

What is the potential impact of the DOJ's appeal of the Time Warner and AT&T merger on Comcast's strategy?

• It could deter Comcast from pursuing Fox assets.

• It might encourage Comcast to pursue Fox assets more aggressively.

• It has no impact on Comcast's strategy.

• It forces Comcast to sell its existing assets.

How might Disney's acquisition of Sky affect its position in the direct-to-consumer market?

• It would give Disney a significant head start in subscribers.

• It would decrease Disney's market share.

• It would have no impact on Disney's market position.

• It would force Disney to sell Hulu.

What is a potential reason for Comcast to avoid giving Disney full control of Hulu?

• To maintain competitive balance in the streaming market

• To increase its own subscriber base

• To expand into international markets

• To focus on sports broadcasting