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- Last year Disney completed a $71.3bn (£54.7bn) deal to buy the bulk of Rupert Murdoch's Fox media assets. Disney has also renamed its other television studios, including changing ABC Studios and ABC Signature Studios to ABC Signature while Fox 21 Television Studios will become Touchstone Television.
www.bbc.com/news/business-53747270
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What happened to Disney & Fox?
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Did Disney buy 21st Century Fox?
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 20, 2019 · Disney now owns Fox’s entire film and TV libraries — which is to say every movie and TV show made by 20th Century Fox — and has thousands of titles newly at its fingertips.
- Disney's Original Offer For 21st Century Fox
- Disney's Bidding War with Comcast For Fox
- Fox Accepts Disney's $71 Billion Bid
- Disney Is Undergoing Regulatory Approval
Reports of Disney's plan to buy Fox first began circulating in early November 2017, and shortly afterwards there were reports that Comcast, Sony, and Verizon had also joined in a bidding war for Fox's film and TV assets. Of those three, Comcast would prove to be Disney's fiercest competitor. The telecommunications company initially ducked out of th...
Despite seemingly bowing out of the bidding war initially, by May 2018 Comcast was meeting with investment banks, seeking to top Disney's initial $52.4 billion offer. Of particular interest to Comcast was Sky plc., a European telecommunications company based in London, of which Fox already owned a controlling 39% stake and was making moves to acqui...
Disney and Fox's shareholders officially voted to approve the $71.3 billion deal on July 27, 2018. The details of the merger had been laid out in a letter to shareholdersthe previous month, detailing exactly how 21st Century Fox's assets would be split, and what Disney would be acquiring. The Fox Broadcasting Company, Fox News Channel, Fox Business...
The Department of Justice approved the Disney-Fox merger on June 27, 2018 - but that was merely the first step in seeking the necessary regulatory approval. Since a merger of this size raises potential antitrust concerns, and Disney obviously has business all over the world, the company needs to gain approval from each country's regulatory body bef...
- Hannah Shaw-Williams
Dec 14, 2017 · As part of the deal — valued at over $60 billion including debt — Disney will acquire Fox's film studio 20th Century Fox along with all its movie franchises, select TV networks like FX and...
Mar 19, 2019 · Disney’s long-gestating acquisition of most of 21st Century Fox officially closes March 20, and in the process reshapes two of Hollywood’s major studios.
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 ...
