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Disney is still a good stock to be in because it's used to having to adapt to new means of distribution, Ritholtz Wealth Management CEO Josh Brown said.
Though thwarted in its attempt two years ago to buy Time Warner, Fox proves it still has global ambitions by securing a preliminary deal to buy all of Europe's Sky.
Analysts expect a lackluster weekend at the box office as consumers may opt for holiday shopping over going to the movies.
The publishing company has tapped Morgan Stanley and Bank of America to help field buyer interest, according to reports.