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- On July 27, 2018, 21st Century Fox shareholders agreed to sell the company to Disney for $71.3 billion. The sale covered the majority of 21CF's entertainment assets, including 20th Century Fox, FX Networks, and National Geographic Partners among others.
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Dec 14, 2017 · The Walt Disney Company and Twenty-First Century Fox, Inc. (21st Century Fox) today announced that they have entered into a definitive agreement for Disney to acquire 21st Century Fox, including the Twentieth Century Fox Film and Television studios, along with cable and international TV businesses, for approximately $52.4 billion in stock ...
On November 6, 2017, CNBC reported The Walt Disney Company was negotiating a deal with Rupert Murdoch to acquire 21st Century Fox 's filmed entertainment, cable entertainment, and direct broadcast satellite divisions, including 20th Century Fox, FX Networks, and National Geographic Partners.
Mar 19, 2019 · The Walt Disney Company’s acquisition of 21st Century Fox will become official early Wednesday morning, as Fox News is now part of the newly created Fox Corporation.
Mar 20, 2019 · The Walt Disney Company has closed its $71.3 billion acquisition of 21st Century Fox assets. “This deal definitely reshapes the landscape,” said Michael Nathanson, a leading media analyst...
- 2 min
- Brooks Barnes
- The media industry is changing. Fox is selling its movie studios, television productions, regional sports and international businesses, including Star and Europe-based broadcaster Sky, leaving a smaller company more narrowly focused on news and major live sports events.
- The Murdochs will get a piece of Disney - and online streaming. Disney wants Fox's business to create a larger suite of movies, television shows, and sports, as it invests in its own online streaming platforms to compete with Netflix and Amazon.
- Family dynamics. The deal has led to speculation that Rupert Murdoch's younger son, James, will take a spot at Disney - discussions Mr Iger said were ongoing.
- Sky is the limit. Speaking of Sky... Fox's plan to take full control of Sky, acquiring the 61% it does not currently own in a bid for greater scale, has run into trouble with UK regulators.
Mar 19, 2019 · Disney and 21st Century Fox entered into a consent decree with the U.S. Department of Justice last year under which Disney will divest 21st Century Fox’s Regional Sports Networks.
Mar 20, 2019 · Disney closed its $71.3 billion acquisition of the major entertainment assets of 21st Century Fox, combining some of Hollywood’s best-known studios, characters and franchises as media companies...
