Walt Disney buys Murdoch's Fox for $52bn

December 18, 2017

Walt Disney has agreed to buy the bulk of 21st Century Fox's business for $52.4bn (£39bn), in a deal both companies said position them to compete in the rapidly changing media industry.

The purchase includes Fox's film and television studios, as well as its 39% stake in satellite broadcaster Sky.

Read more at: http://www.bbc.com/news/business-42353545



Get the Media Source Newsletter on your smartphone or tablet now!

iphone
Android

 


Latest News

House Republicans Plan Broadband Bill Blitz

House Republican leaders say they will be introducing a series of bills this week to help effect the Trump Administration's pledge...

Posted

Gospel star Edwin Hawkins dies

Edwin Hawkins, the gospel star best known for the hit Oh Happy Day, has died at the age of 74.

Posted

Kevin Sorbo Banned from Comicon Due to Conservative Political Leanings

A conservative Christian actor has been banned from a Comicon convention due to his political leanings.

Posted

TheDove expands with 7 California TV stations

Local Christian broadcaster theDove has added seven California television stations, more than doubling its regional network.

Posted

More News


Headlines