On the Record · TWDC Enterprises 18 (formerly Walt Disney)
TWDC Enterprises 18 (formerly Walt Disney) acquisitions, on the record
The businesses TWDC Enterprises 18 (formerly Walt Disney) bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
BAMTechWord for word“In August 2016, the Company acquired a 15% interest in BAMTech, an entity which holds Major League Baseball’s streaming technology and content delivery businesses, for $450 million .” 10-K for 2016 | agreed acquisition | In August 2016 | $450 million |
ViceWord for word“In addition, during fiscal 2016, the Company acquired an 11% interest in Vice for $400 million of cash.” 10-K for 2016 | acquisition | During fiscal 2016 | $400 million of cash |
Time Warner, Inc. interest in Hulu ventureWord for word“Time Warner, Inc. (TW) holds the remaining 10% interest in the venture, which was acquired from Hulu for $583 million in August 2016.” 10-K for 2016 | acquisition | August 2016 | $583 million |
Hulu venture interest sold to Time Warner, Inc.Word for word“In August 2016, Time Warner, Inc. (TW) acquired a 10% interest in the venture from Hulu for $583 million diluting the Company’s ownership interest to 30% , which results in a deemed sale by the Company.” 10-K for 2016 | divestiture | In August 2016 | $583 million |
DreamWorks films rightsWord for word“In fiscal 2016, the Company entered into an agreement to end the 2009 distribution agreement and acquired all rights, titles, and interests in thirteen previously released DreamWorks films.” 10-K for 2016 | agreed acquisition | In fiscal 2016 | — |
Maker Studios, Inc.Word for word“On May 7, 2014, the Company acquired Maker Studios, Inc. (Maker), a leading network of online video content, for approximately $500 million of cash consideration.” 10-K for 2016 | acquisition | On May 7, 2014 | approximately $500 million of cash consideration |
Hulu interest acquired by Time Warner, Inc.Word for word“In August 2016, Time Warner, Inc. (TW) acquired a 10% interest in the venture from Hulu for $583 million diluting the Company’s ownership interest to 30% .” 10-K for 2017 | acquisition | August 2016 | $583 million |
Twenty-First Century Fox, Inc. (certain 21CF businesses)Word for word“The closing of the acquisition is expected to occur in the first half of calendar year 2019 (See Note 3 of the Consolidated Financial Statements for additional information on this transaction).” 10-K for 2018 | agreed acquisition | first half of calendar year 2019 | — |
additional interests in BAMTechWord for word“The fiscal 2017 spending of $417 million on acquisitions was for the January 2017 acquisition of additional interests in BAMTech for $557 million, partially offset by $140 million of cash assumed upon the consolidation of BAMTech.” 10-K for 2018 | acquisition | January 2017 | $557 million |
21CF regional sports networksWord for word“We will be required to divest the 21CF regional sports networks (the “21CF RSNs”) and we may not be able to negotiate such divestitures expeditiously or on favorable terms.” 10-K for 2018 | agreed divestiture | — | — |
| Fiscal year ended | Goodwill from acquisitions |
|---|---|
| 2016-10-01 | $2 million |
| 2017-09-30 | $3.6 billion |
| 2018-09-29 | $0 |
Deal filings since 2016
- 2019-03-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-03-20 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2018-06-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-12-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from TWDC Enterprises 18 (formerly Walt Disney)’s annual reports (10-K for 2018, 10-K for 2017, 10-K for 2016) and the financial data it files with the SEC, as of 2018-11-21. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.