The Walt Disney Co. has set a $52.4 billion, all-stock deal to acquire 20th Century Fox and other entertainment and sports assets from Rupert Murdoch's empire. The deal between Disney and 21st Century Fox marks a historic union of Hollywood heavyweights and a bid by Disney to bolster its core TV and film businesses against an onslaught of new competitors in the content arena.
Disney is betting on an ambitious purchase of a sizable chunk of 21st Century Fox, hoping that more cable networks, production studios and other properties will buoy it into the future as it dives into the direct-to-consumer streaming distribution business with sports and entertainment services planned to launch in 2018 and 2019, respectively.
http://variety.com/2017/biz/news/disney-fox-merger-deal-52-4-billion-merger-1202631242/
Also at The NYTimes, The Verge, and the The LATimes
(Score: 3, Interesting) by Leebert on Friday December 15 2017, @12:04PM (3 children)
Does this mean we can have the proper intro returned to Star Wars movies?
(Score: 0) by Anonymous Coward on Friday December 15 2017, @02:12PM
Imperial Storm Troopers with Mickey Mouse ears?
(Score: 0) by Anonymous Coward on Friday December 15 2017, @02:13PM
https://www.youtube.com/watch?v=XCPj4JPbKtA [youtube.com]
(Score: 2, Informative) by Anonymous Coward on Friday December 15 2017, @03:57PM
Also Fantastic 4 and X-Men movie rights reunite with Marvel.