Bob Iger to remain head of Disney Disney on Thursday announced a...

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    Bob Iger to remain head of Disney

    Disney on Thursday announced a deal to acquire many parts of Twenty-First Century Fox for $52.4 billion in stock. The company will get Fox’s movie studios, network Nat Geo, Asian pay-TV operator Star TV, stakes in Sky and Hulu and regional sports networks.
    The acquisition bolsters Disney’s plans to become a dominant streaming service platform, making it a bigger threat to Netflix.
    “The more desirable content they have, the better they will be able to compete in terms of trying to sell a subscription offering at a time there’s so much competition for subscription-based services,” said eMarketer senior analyst Paul Verna.

    https://www.infowars.com/disney-to-buy-21st-century-fox-assets-in-deal-worth-over-52-billion/

    https://www.cnbc.com/2017/12/14/disney-to-buy-21st-century-fox-assets.html
 
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