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

Lou Gossett Jr, Tatyana Ali & Alan Powell Star in Pure Flix Entertainment's All-New Powerful Film

The powerful film is centered around a small town stricken with a crisis...

Posted

Chinese Communist Officials Bulldoze Gravestones of 20 Christian Missionaries

Thousands of Chinese people reportedly came to accept Christianity due to their sharing of the gospel message with them.

Posted

FCC's Johnson Defends Authority to Clarify Ambiguities in Sec. 230

FCC chairman Ajit Pai announced last week the FCC would respond to President Trump's petition--filed by the...

Posted

Rural Groups Push for TV White Space to Expand Rural Broadband

A group pushing for the utilization of unused television signals to increase rural connectivity...

Posted

More News

NEWSROOM

Headlines