Started by Rocketeer, December 12, 2017, 11:01:08 PM
QuoteVariety reports that the deal between Disney and Fox will be announced on Thursday. 21st Century Fox will retain Fox News, the Fox broadcast network, and Fox Sports 1 while Disney will acquire Fox's movie and TV studios. The deal is expected to cost Disney $60 billion.
QuoteWalt Disney buys Murdoch's Fox for $52.4bnWalt Disney has agreed to buy 21st Century Fox's entertainment assets for a total $52.4bn (£39bn).The deal includes Fox's 39% stake in satellite broadcaster Sky, and the 20th Century Fox film studio, Disney announced.Fox's remaining assets, including Fox News and Sports, will form a new company.