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

Give Everyone a Barcode? China Trying to Use COVID Fears to Launch Global Tracking System for Humans

Xi proposed the concept during a virtual G20 leaders' meeting on Saturday...

Posted

Groups Ask FCC To Reverse Decision That Opened Door To More Simulcasts

The MusicFirst Coalition, the Future of Music Coalition and low-power advocacy REC Networks have jointly...

Posted

Defense Authorization Bill Targets Ligado

Ligado opponents are cheering on provisions in the National Defense Authorization Act (NADA)...

Posted

U.S. States Prepare Second Antitrust Lawsuit Against Google for December

A bipartisan group of U.S. states plans to file an antitrust lawsuit against Google as early as next month...

Posted

More News

NEWSROOM

Headlines