The Daily Populous

Friday July 27th, 2018 night edition

image for Disney, 21st Century Fox Shareholders Vote to Approve $71.3 Billion Merger

Shareholders of 21st Century Fox and Disney have voted to approve Disney’s $71.3 billion buyout of major Fox assets.

Gerson Zweifach, general counsel of 21st Century Fox, told Fox shareholders the merger is expected to be completed in the first half of 2019.

Led by Disney general counsel Alan Braverman and CFO Christine McCarthy, the vote took less than 10 minutes and received near unanimous approval from Disney shareholders.

The shareholder vote seals the deal for Disney after it prevailed in a tussle with Comcast over bids for the 21st Century Fox assets, which include the 20th Century Fox studio, FX Networks, National Geographic Partners, and other entertainment assets.

After the sale, Rupert Murdoch and Lachlan Murdoch will head the company now dubbed New Fox, which will comprise Fox Broadcasting Co. and Fox’s TV station group, Fox Sports and Fox News.

Zweifach told Fox shareholders that the date change for the meeting created scheduling conflicts for numerous Fox board members.

I want to thank all of our executives and colleagues for their enormous contributions in building 21st Century Fox over the past decades. »

India bans use of dolphins for commercial entertainment

Authored by downtoearth.org.in

The Union Ministry of Environment and Forests (MoEF) has decided not to allow the establishment of dolphinariums in the country.

This means that dolphins should be seen as “non-human persons” and as such should have their own specific rights,” says the MoEF order.

Now several organisations in other countries are also pressurising their governments to follow the foot-steps of India and ban dolphinariums, she adds. »

Disneyland agrees to pay its workers $15 an hour

Authored by money.cnn.com
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Unions representing nearly 10,000 Disneyland workers accepted Disney's three-year contract to raise starting hourly wages to $15 an hour beginning next year.

Disneyland has 30,000 workers, but the majority of hourly workers are represented by unions.

Sanders traveled to Anaheim last month and spoke at a rally that hundreds of Disneyland workers attended. »

More than two million workers 'cheated' out of holiday

Authored by news.sky.com
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Research shows more than two million UK workers are not getting the time off they are entitled to, prompting calls for enforcement action to stop firms cheating staff out of holiday.

This equates to one in 12 workers missing out on nearly £3bn worth of paid leave a year, according to the TUC.

The sectors in which workers are most likely to lose out are agriculture (14.9%), mining and quarrying (14.7%) and accommodation and food (13.9%). »