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Disney buying Fox?

Deezy

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Disney and Twenty-First Century Fox are closing in on a deal, and it could come as soon as next week, according to sources familiar with the matter.

CNBC has been reporting that Disneyhas held talks with the Rupert Murdoch-controlled media company to acquire its studio and television production assets, leaving Fox with its news and sports assets. Fox is also talking with CNBC parent company Comcast, but the talks with Disney have progressed more significantly.

The deal contemplates the sale of Fox's Nat Geo, Star, regional sports networks, movie studios and stakes in Sky and Hulu, among other properties. What would remain at Fox includes its news and business news divisions, broadcast network and Fox sports.

The enterprise value of the Fox assets in the Disney deal is seen as above $60 billion, according to sources. Current Fox shareholders would get one share of the Fox company that remains after the movie and television assets are sold plus shares of Disney in a fixed exchange ratio.
Well there goes thousands of jobs and Fox doubles down on their propaganda news department.

Monopolies have always proven to be positive wherever it happens :smh
 

Chris

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Yeah the only reason I'm seeing positives in this now is because Disney's current CEO has proven that he at least seems to care about quality with things they've acquired like Star Wars and Marvel so any new stuff (lowkey super excited for Marvel to get the rights to their other characters back) will probably be good and better than what Fox would have done in the case of the X-Men. However, when the current CEO steps down then fuck this because monopolies never end good because humans in power are never good people.

Disney streaming service gonna be OP af though with all the Disney library, Pixar, Marvel, Star Wars, and now 20th Century Fox shit? God damn gonna put Netflix out of business right there.
 

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