Miscellaneous

Thu
14
Dec

It's official! Disney purchases most of 21st Century Fox for $52.4 billion

About a month ago, we had reported the rumors about Disney looking into buying Fox.  Today it looks like that deal was finalized...

From CNN:

Disney is buying a huge chunk of 21st Century Fox in a deal that promises to reshape the media industry and help the entertainment giant fend off digital rivals such as Netflix.

The $52.4 billion deal will combine two of the biggest players in Hollywood.

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