The cable giant is complicating Rupert Murdoch's plan to
sell his entertainment assets to Disney.
WEINSTEIN NDAs: The Weinstein Co, which failed in the wake of sexual harassment claims against co-founder Harvey Weinstein, filed for bankruptcy yesterday with plans to
sell its entertainment assets.
Not exact matches
The fast - growing company boasts clients like Major League Baseball, Adobe and 21st Century Fox, which was in the news Monday for reportedly having talks with Disney to
sell the
entertainment giant most of its
assets.
A seemingly sudden realization of that fact — plus a friendly environment for
selling or spinning off
assets — has sparked an epidemic of breakups: News Corp. separating its print properties from its
entertainment businesses, eBay (EBAY) spinning off PayPal (PYPL), Hewlett - Packard (HPQ) separating its PC and printer business from its corporate hardware business, United Technologies (UTX)
selling its Sikorsky helicopter unit to Lockheed Martin (LMT), and dozens more such moves.
The failed sale of Memphis Motorsports Park to Gulf Coast
Entertainment after nearly one year of public, and as much as three years of behind - the - scenes effort by the Company cast doubts on Dover's ability to raise funds by
selling any tracks except for its marquee
asset, Dover International Speedway.
The company, which was among the most aggressive buyers of foreign
assets until recently, has
sold real estate and
entertainment assets in China amid government concerns about excess debt.
The developer helped further devalue its former
asset, if unintentionally, by announcing in 1999 that it was going to
sell its three
entertainment - retail projects — including the Desert Passage in Las Vegas and the Paseo Colorado in Pasadena — while Hollywood & Highland was still under construction.