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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: 2) by bob_super on Saturday December 16 2017, @12:08AM (1 child)
Stuck between Disney/Amazon on one side, and Comcast/AT&T on the other, I don't see how Netflix survives.
I give them a couple years before their US assets get purchased by one of the big content or ISP guys.
(Score: 2) by Freeman on Monday December 18 2017, @03:53PM
Perhaps, but Netflix is the front runner here. They are the ones that killed off Blockbuster and really pushed the Online consumption model. Everyone else is playing catch up. I also prefer the reasonable monthly fee, with no "premium" pay-per-view. Pay-per-view can die a miserable death and I would be fine with that. I would go to the theater, if I want pay-per-view. Somewhat more expensive that way, but an arguably better experience. (2yr old kid kinda makes it hard to do much Theater going, though.)
Joshua 1:9 "Be strong and of a good courage; be not afraid, neither be thou dismayed: for the Lord thy God is with thee"