Unconfirmed reports indicate that Comcast may drop its attempt to grab Time Warner Cable due to regulatory objections coming from governmental agencies. So, still there will be Time Warner, Fox and Disney vying for the coveted supremacy over media.
Fox is experiencing sluggish ratings lately. Fox has two big hits to its credit; “Empire” and comic book based Warner Bros production “Gotham.” Empire, an American television drama series debuted in January 2015 and is expected to go into its second season later this year and part of next year. Gotham, the American crime drama television series is based on DC Comic series. Fox sports broadcasting also bring in huge revenue from advertisements. Its cable side dominated by Fox News Channel also helps to bring more dollars.
Time Warner, a unit of Turner is also enjoying some success and growth in cable services. It owns CNN, TNT and TBS and enjoying 26 percent operating profit increase lately.
Comcast is a behemoth among media giants and it owns NBCUniversal. Its value exceeds combined value of both Fox and Time Warner.
Disney is diversifying itself and experiencing a hot streak. It owns ABC and ESPN. Its content portfolio includes the infamous Marvel and the Avengers.