Disney Buys Out Fox - How It Affects Us
229Disney bought over $60 billion of Fox assets, giving them control over the X-Men, Deadpool, The Fantastic 4...and the entertainment industry?? Kim breaks it down.
"The Walt Disney Co. has set a $52.4 billion, all-stock deal to acquire 20th Century Fox and other entertainment and sports assets from Rupert Murdoch’s empire. The deal between Disney and 21st Century Fox marks a historic union of Hollywood heavyweights and a bid by Disney to bolster its core TV and film businesses against an onslaught of new competitors in the content arena.”*
*You can read more here: http://variety.com/2017/biz/news/disney-fox-merger-deal-52-4-billion-merger-1202631242/
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