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Twenty-First Century Fox Inc (FOXA.OQ)

FOXA.OQ on NASDAQ Stock Exchange Global Select Market

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20 Oct 2017
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Latest Key Developments (Source: Significant Developments)

Sky ind director Gilbert "pretty confident" events at Fox News won't affect CMA review
Thursday, 12 Oct 2017 06:48am EDT 

Oct 12 (Reuters) - Sky :Independent director Martin Gilbert "pretty confident" events at Fox News <<>> won't affect CMA review of Fox-Sky deal - AGM.  Full Article

T-Mobile US ‍announces a partnership with Fox television stations to assist in repacking its 600 MHZ spectrum​
Tuesday, 10 Oct 2017 09:00am EDT 

Oct 10 (Reuters) - Twenty-first Century Fox Inc : :T-Mobile US Inc - ‍announced a partnership with Fox television stations to assist in repacking its 600 MHZ spectrum​.T-Mobile US Inc - ‍as part of agreement, WWOR-TV will repack in early 2018, over a year sooner than originally proposed fcc deadline of August 2019​.  Full Article

Fox responds to CMA statement over Sky deal‍​
Tuesday, 10 Oct 2017 06:08am EDT 

Oct 10 (Reuters) - TWENTY-FIRST CENTURY FOX INC :‍​:21ST CENTURY FOX RESPONDS TO CMA ISSUES STATEMENT."LOOK FORWARD TO CMA PROCESS AND ENGAGING IN A THOROUGH AND CONSTRUCTIVE REVIEW"​.  Full Article

UK's CMA to examine how Fox/Sky deal would impact "media plurality and broadcasting standards in UK"
Tuesday, 10 Oct 2017 02:00am EDT 

Oct 10 (Reuters) - UK's CMA::Set out more detail about what it intends to examine in its investigation into proposed takeover of sky plc by 21 st century fox​.Will now examine how deal would impact "media plurality and broadcasting standards in uk​".Required to report to secretary of state with its recommendations within six months of opening investigation​.  Full Article

Twenty-First Century Fox says executive chairman Rupert Murdoch's FY 2017 total compensation was $29.3 mln - SEC Filing ‍​
Thursday, 28 Sep 2017 04:53pm EDT 

Sept 28 (Reuters) - Twenty-first Century Fox Inc :Twenty-First Century Fox Inc says executive chairman K. Rupert Murdoch's FY 2017 total compensation was $29.3 million versus $34.6 million in fy 2016 - SEC Filing ‍​.Twenty-First Century Fox Inc says CEO James R. Murdoch's FY 2017 total compensation was $20.3 million versus $26.4 million in FY 2016 ‍​.Twenty-First Century Fox Inc - Executive chairman Lachlan Murdoch‍​'s FY 2017 total compensation was $20.6 million versus $23.7 million in FY 2016.Twenty-First Century Fox Inc says CFO John P. Nallen's FY 2017 total compensation was $10.5 million versus $12.1 million in FY 2016 ‍​.  Full Article

Regulatory process of 21st Century Fox-Sky Plc deal could slip into Q3 2018, CS says
Thursday, 21 Sep 2017 09:08am EDT 

Sept 21 (Reuters) - TWENTY-FIRST CENTURY FOX :CREDIT SUISSE SAYS PROBABILITY OF SKY DEAL BEING BLOCKED BY UK'S CMA HIGHER THAN MOST INVESTORS THINK, AT 30-40 PERCENT.CREDIT SUISSE SAYS REGULATORY PROCESS OF DEAL COULD SLIP INTO Q3 2018.CREDIT SUISSE SAYS IF DEAL GOES THROUGH, SHAREHOLDERS WILL BENEFIT FROM EARNINGS/FCF ACCRETION IN 2018 FROM CONSOLIDATING SKY.CREDIT SUISSE SAYS IF SKY DEAL DOES NOT GO THROUGH, SHAREHOLDERS SHOULD EXPECT TO SEE UP TO $5 BILLION SHARE BUYBACK.  Full Article

Sky says notes UK DCMS Secretary of State's announcement
Thursday, 14 Sep 2017 05:33am EDT 

Sept 14 (Reuters) - Sky Plc ::SKY PLC - RESPONSE TO SECRETARY OF STATE'S ANNOUNCEMENT.‍NOTES TODAY'S ANNOUNCEMENT BY SECRETARY OF STATE FOR DIGITAL, CULTURE, MEDIA AND ON PROPOSED ACQUISITION OF SKY BY 21ST CENTURY FOX, INC​.SKY PLC - NOTE SWIFT DECISION TO NOW REFER THIS TO CMA AND WILL CONTINUE TO ENGAGE CONSTRUCTIVELY IN THIS PROCESS.  Full Article

UK's DCMS confirms Sky,Fox merger to be referred to CMA
Thursday, 14 Sep 2017 05:16am EDT 

Sept 14 (Reuters) - UK's Department for Digital, Culture, Media & Sport (DCMS)::UK'S DCMS - CULTURE SECRETARY CONFIRMS MERGER TO BE REFERRED TO COMPETITION AND MARKETS AUTHORITY (CMA).UK'S DCMS - SECRETARY SAYS WILL ISSUE AND PUBLISH MY FORMAL REFERRAL DECISION ON THE SKY/FOX DEAL IN THE COMING DAYS.UK'S DCMS - RECEIVED LETTERS FROM PARTIES CONFIRMING THAT WHILE THEY DISAGREE WITH DECISION, THEY WOULD NOT BE MAKING SUBSTANTIVE REPRESENTATIONS IN RELATION TO IT.  Full Article

Fox response to statement by UK's Secretary Of State for DCMS
Tuesday, 12 Sep 2017 12:08pm EDT 

Sept 12 (Reuters) - Twenty-first Century Fox Inc ::TWENTY-FIRST CENTURY FOX - RESPONSE TO STATEMENT BY UK'S SECRETARY OF STATE FOR DIGITAL, CULTURE, MEDIA AND SPORT IN RESPECT OF 21ST CENTURY FOX'S CASH OFFER FOR SKY PLC.TWENTY-FIRST CENTURY FOX - NOTES TODAY'S STATEMENT BY SECRETARY OF STATE FOR DCMS THAT SHE STILL INTENDS TO REFER 21CF'S PROPOSED ACQUISITION OF SKY TO CMA FOR FURTHER REVIEW.DISAPPOINTED THAT SECRETARY OF STATE HAS CHOSEN NOT TO FOLLOW UNEQUIVOCAL ADVICE OF INDEPENDENT REGULATOR OFCOM.HAS ENGAGED WITH REGULATORY PROCESS RELATING TO THIS TRANSACTION SINCE OUTSET AND WILL CONTINUE TO DO SO."SURPRISED THAT AFTER INDEPENDENT REGULATORY SCRUTINY AND ADVICE, AND OVER FOUR MONTHS TO EXAMINE CASE, SECRETARY OF STATE IS STILL UNABLE TO FORM AN OPINION"."URGE SECRETARY OF STATE TO TAKE A FINAL DECISION QUICKLY"."LOOK FORWARD TO ENGAGING WITH CMA ON THEIR IN-DEPTH REVIEW AS SOON AS POSSIBLE".ANTICIPATE THAT TRANSACTION WILL CLOSE BY JUNE 30, 2018.  Full Article

Sky response to Secretary Of State's announcement on proposed acquisition
Tuesday, 12 Sep 2017 11:38am EDT 

Sept 12 (Reuters) - Sky Plc ::RESPONSE TO SECRETARY OF STATE'S ANNOUNCEMENT ON PROPOSED ACQUISITION."NOTES TODAY'S ANNOUNCEMENT BY SECRETARY OF STATE FOR DIGITAL, CULTURE, MEDIA AND SPORT ON PROPOSED ACQUISITION OF SKY BY 21 ST CENTURY FOX, INC".SKY - "DISAPPOINTED BY THIS FURTHER DELAY AND THAT SECRETARY OF STATE IS NOW MINDED TO REFER PROPOSED ACQUISITION TO CMA IN RELATION TO BROADCASTING STANDARDS DESPITE OFCOM"."WILL CONTINUE TO ENGAGE WITH PROCESS AS SECRETARY OF STATE REACHES HER FINAL DECISION".  Full Article

UPDATE 2-UK Stocks-Factors to watch on Oct 13

Oct 13 Britain's FTSE 100 index is seen opening 11 points lower at 7,545 on Friday, according to financial bookmakers, with futures down 0.2 percent ahead of the cash market open.