Disney in the biggest acquisition in its history will buy most of 21st century fox for 52 billion in stock. It is a transaction that will reshape the media landscape. Disney already powerful in filmed entertainment and sports will become even more dominant after it folds in foxs film and tv production assets and its 22 Regional Sports networks. Its an offensive defensive play aimed at fending off the rise of Tech Companies like netflix, amazon and others that have turned hollywood upside down. Even though the deal was widely expected and first reported by cnbc last month, shares of both disney and fox were higher today. Disney the best performing stock on the blue chip dow index. Julia boorstin now on whats in the deal and why these two companies were eager to get it done. Reporter the mouse is buying the fox. Disney is spending 52. 4 billion in stock for foxs entertainment assets, including its film and tv studios, its Cable Entertainment network, and its International Tv business inc
Program us regulators have voted to end socalled Net Neutrality which now could significantly alter the web experience for millions of people it will allow internet providers to charge extra to prioritize their traffic effectively creating a slow lane for smaller websites a breakdown of how it works we access the web through Internet Service providers at the moment companies have to treat all online traffic equally but the Us Federal Communications Commission Says thats preventing websites from investing trillions of dollars in their services and now with Net Neutrality regulations gone i asked piece will be freed to charge a premium to prioritize certain apps and services so mean a car reports while the f. C. C. Is latest decision will repeal obamas regulations that were passed in twenty fifteen and as expected the vote was three to two along party lines with republicans voting in favor of the deregulation order and democrats voting against it but one democratic commissioner who voted
For me kevin when it says seven oclock this friday evening here in moscow and im here with the latest thirty minute use update for you then starting with this the chief of britains defense stuff is warning that russias navy could sabotage underwater internet cables taking is the worry nato countries. More of london. Warning has come from ph he is a senior nato official and hes also the chief of British Defense staff and he says that russian ships have been spotted perilously close to land tick cables these are underwater very important strategic cables that cross the atlantic from europe to the u. S. And since according to peach russia has continued to develop its Unconventional Warfare well the internet could be the kremlins next victim russia in addition to new ships and submarines continues to prefer both unconventional capabilities and information war for there is a new risk to our way of lines which is the vulnerability of the cables that crisscross the seabed well according to sa
Was killed this morning following a nearly 20hour standoff at sealys family home in middle town. At 9 17 a. M. , the armed suspect entered the residence and engaged police. He was then shot by Law Enforcement. Wednesday at this wawa in bear, corporal, a passenger in a parked red dodge, to get out. Police say sealy pulled the a gun and starting shooting. The corporal tried to run for cover. He pursued him and the suspect fired a handgun striking him in the upper body. He immediately went to the ground. The suspect then fired multiple rounds. This morning, the corprals casket was moved from the medical Examiners Office to a wilmington funeral home. Seals home from heavily damaged during the siege overnight. Gunfire came from the house. Police responded with explosive charges that blew open doors and windows. Neighbors who did not evacuate described the sounds of the police action. Every hour, the bombs went off so at 1 50, there was a bomb and we heard exmotions and then at 2 30 we heard
Once again, live coverage from capitol hill this morning. Theyre meeting to discuss the cable tv industry. And focusing on practices involving billing, fees, refunds, and the number of other Customer Service issues. We expect this to get under way in just a moment. This is live on cspan3. I should let you know that right now, House Democrats continuing their more than 20 hour sitin the House Chamber demanding that republicans bring up gun control legislation. The house officially in recess through the fourth of july but the protests continue in the House Chamber. House cameras have been turned off. But we still have been able to bring you coverage of what happening in the chamber. You can watch that live on our companion network cspan. Were leer today to discuss a topic that affects just about every american family. And often us from straits all of us as us from straitsfrustra American Families and that is cable or satellite tv service. We have taken an investigation of the cable and T