Exhibit 99.4

Board of Directors

Twenty-First Century Fox, Inc.

1211 Avenue of the Americas

New York, New York 10036

The Board of Directors:

We hereby consent to the inclusion of our opinion letter, dated June 20, 2018, to the Board of Directors of Twenty-First Century Fox, Inc. (“21CF”) as Annex G to, and reference to such opinion letter under the headings “Summary—Opinions of 21CF’s Financial Advisors,” “The Transactions—Background of the Transaction,” “The Transactions—Recommendation of the 21CF Board; 21CF’s Reasons for the Transactions,” “The Transactions—Opinions of 21CF’s Financial Advisors,” “The Transactions—Certain 21CF Forecasts” and “The Transactions—Certain Disney Forecasts” in, the joint proxy statement/prospectus which forms a part of the registration statement on Form S-4 (the “Registration Statement”) of TWDC Holdco 613 Corp. (“Holdco”). The Registration Statement relates to the proposed mergers whereby WDC Merger Enterprises I, Inc., a wholly owned Subsidiary of Holdco (“Delta Sub”) will be merged with and into The Walt Disney Company (“Disney”), as a result of which Disney will become a wholly owned subsidiary of Holdco, immediately following which, WDC Merger Enterprises II, Inc., a wholly owned Subsidiary of Holdco (“Wax Sub”) will be merged with and into 21CF, as a result of which the Company will become a wholly owned subsidiary of Holdco. In giving such consent, we do not admit that we come within the category of persons whose consent is required under Section 7 of the Securities Act of 1933, as amended (the “Act”), or the rules and regulations of the Securities and Exchange Commission (the “SEC”) promulgated thereunder nor do we hereby admit that we are experts with respect to any part of the Registration Statement within the meaning of the term “experts” as used in the Act or the rules and regulations of the SEC promulgated thereunder.

 

June 25, 2018