The acquisition will give Disney a new pipeline of shows and movies as it battles technology companies spending billions of dollars on programming shown online to siphon audiences away from traditional TV networks.
"The acquisition of this stellar collection of businesses from 21st Century Fox reflects the increasing consumer demand for a rich diversity of entertainment experiences that are more compelling, accessible and convenient than ever before". With the acquisition of Fox, Disney's stake in Hulu will grow to be a controlling one.
"This is the right move at the right time as the marriage of these assets creates a much more formidable Disney", said Daniel Ives, an analyst at GBH Insights in a note to clients.
"Managing Hulu becomes a little bit more clear... with a controlling shareholder rather than with equal partners", Disney chairman and CEO Bob Iger touted Thursday morning on a conference call.
LOOK UP: Geminid meteor shower to light up December sky
What really makes this meteor shower so attractive to witness is its comet-like orbit along with the presence of shooting stars. Just get aside from lights and stare up in any direction! And this year, they're predicted to yield about 120 meteors per hour.
"And, we'll see", Iger added.
In a statement of his own, Murdoch said, "I'm convinced that this combination, under Bob Iger's leadership, will be one of the greatest companies in the world". The broadcaster introduced its first two channels in 2004 (Disney Channel and Toon Disney) and came into the limelight when it made a decision to invest and eventually acquire Ronnie Screwvala's UTV, which not only gave it new channels but also introduced it to movie production in India through UTV Motion Pictures.
"And during that period of time, he and I will continue to discuss whether there is a role for him here or not". Just as well, the deal needs to be approved by regulators in the USA and overseas, given the global reach this buy out will give Disney.
5 things we learned from Bills OT win over Colts
Here's everything you need to know to watch the game, or follow along as we bring you the latest score, live updates and more. DeAndre Hopkins had 149 yards receiving and two touchdowns, but lost a fumble in the fourth quarter with the Texans down by 7.
The Nintendo Switch also attracts an on-the-go gaming base who might not always have time to sit at home on the couch and play. However, despite this early promise, Nintendo is still some way short of the runaway success of the Nintendo Wii.
In particular, they called out the 53 people who watched the holiday film every day for the 18 days leading up to December 10. So much so, that Netflix - who are notoriously cagey about their streaming data - chose to call out the superfans.
He zigged and zagged for 62 yards, dodging defenders all the way, until finally he got dropped from behind by a Vikings defender. An alternative way for the Vikings to win the NFC North - a loss or tie for both Green Bay and Detroit - didn't pan out.
The former Ohio State Buckeye sustained the injury Monday night against the Cincinnati Bengals while attempting to make a tackle. He stayed at the University of Cincinnati Medical Center on Monday and Tuesday before being transferred to UPMC.
White House spokeswoman Sarah Huckabee Sanders pledged to provide a list of eyewitnesses whose accounts exonerated the president. Whereas Trump's tweets about Hillary Clinton have largely focused on allegations of corruption, his latest assault on Sen.
A spokesperson for The Ringer told NBC News: "These are very serious and disturbing allegations that we were made aware of today". Cantor's lawyer said that she has a copy of a video that allegedly shows Taylor exposing himself in the shower, the report said.
Twitter has repeatedly fielded criticism from its users after product changes for not addressing the cultural problems. This was a cumbersome method to thread tweets and as such not a simple or intuitive way to go about it.
Weather conditions during this period will likely lead to snow-covered, slippery roads, especially in more rural areas. On the back side of the low, lake effect snow will set up, giving us additional snow for Wednesday and into Thursday.
Broncos snap long losing streak by whipping Jets, 23-0
It was the 56th career receiving touchdown for Thomas, moving him past Shannon Sharpe for No. 2 on the Broncos' all-time list. This was the way the Denver Broncos thought they'd play against that other NY team all those months ago.
Secondus is new PDP Chairman
Chief John Odigie-Oyegun, national chairman of the APC said, "I also congratulate other newly-elected PDP National Officials". The statement reads: "Our great party, the People's Democratic Party is, again, at the threshold of an historical moment".
Iwobi plays no part as Giroud spares Arsenal blushes
It took Olivier Giroud to save Arsenal's blushes in the 84th minute as he came off the bench to head home an equaliser. Arsenal midfielder Jack Wilshere has hailed Olivier Giroud as one of the best strikers in the Premier League .
US Embassy protest turns violent
The protesters, covered in Palestinian flags, lit fires in the streets and threw stones and objects at the security forces. Official figures show there are about 450,000 Palestinians in Lebanon, but over the years the number has decreased.
Freezing night in store as temperatures plummet as low as -8°
A YELLOW weather warning is still in place for the York area on Sunday - with very cold temperatures and the chance of snow. Lowest temperatures for Ulster tonight are expected to be between -2 to -6 degrees in light to moderate easterly winds.
Packers rally in overtime to beat the Browns
Hundley capped a six minute and ten second opening drive with a three-yard touchdown toss to a wide-open Jamaal Williams. Adams started the play on the outside of the formation, but ran toward the quarterback after the snap.