The Walt Disney Company announced Thursday it will acquire entertainment assets from 21st Century Fox in a deal worth more than $52 billion in stock. As part of the all-stock purchase, Disney will acquire the 20th Century Fox film and television conglomerate and assume nearly $14 billion in Fox debt. The total value of 21st Century Fox’s assets is estimated at $66.1 billion, Disney said. Under the agreement, the Fox Broadcasting Network and its stations, Fox News Channel, Fox Business Network, Fox Sports 1 and 2, the Big Ten Network and Fox’s Hollywood film lot will spin off into a separate company, which is expected to have revenues totaling about $10 billion.
Talk show host and broadcast journalist Tavis Smiley is the latest high profile man to be accused of sexual misconduct involving women that they’ve worked with or associated with professionally. PBS issued a statement on Wednesday in which they claim to have received “credible allegations” of misconduct following an investigation launched earlier this year. The investigation ultimately led the network to the decision to suspend Smiley and his program indefinitely. Shortly after news of his suspension broke, Smiley took to social media to respond to the allegations. Addressing the public in a video, he denied the allegations and criticized PBS for “overreacting” and running “a sloppy investigation.”
John Stamos and his fiancée, Caitlin McHugh, announced they are expecting their first child together. The big news come two months after the Full House alum proposed to McHugh. Stamos revealed that although he has wanted to be a father for as long as he can remember, he was worried it was too late. He said: “I always wanted to be a dad. Clearly I had to do some work on myself first.” He also credited his work on hit TV show ‘Fuller House’ and its predecessor ‘Full House’ for giving him experience in being a father. He said: “I’ll be a fun dad. I’ve been practicing for a long time.”
The 2018 Screen Actors Guild Award nominations were announced on Tuesday, as Olivia Munn and Niecy Nash revealed the nominees live from Los Angeles. Many famous faces are featured on this year’s list, and some of the biggest movies and TV shows of the year have been honored as well. Morgan Freeman will receive the 2018 Life Achievement Award, and actress Kristen Bell will host the show live on January 21st.
Jimmy Kimmel returned to his late-night talk show Monday night with son Billy in tow to provide an update on his son’s health, and to once again call on Congress to fully fund the Children’s Health Insurance Program (CHIP). Kimmel thanked the doctors and nurses at Children’s Hospital Los Angeles before making an impassioned plea for healthcare. He slammed Congress for failing to approve new funding for CHIP. Billy was born with a rare heart defect April 21 and underwent open heart surgery just days later.