Disney has purchased 21st Century Fox's film studio and a large chunk of its television production assets for $52.4 billion.
The deal, which was announced this afternoon, will see Disney acquire the 39 per cent of Sky now owned by Fox and "full ownership" of the broadcaster when its bid for full control is completed.
In addition to 21st Century Fox's movie studio and regional sports networks, Disney is buying cable channels FX and National Geographic.
Fox has plenty of assets and intellectual properties that Disney could stand to make lots more money from. They will be part of a newly listed company after the close of the deal.
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.
"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.
При любом использовании материалов сайта и дочерних проектов, гиперссылка на обязательна. «» 2007 - 2018 Copyright. Автоматизированное извлечение информации сайта запрещено.
Because prices for premium vary greatly across the USA , both AAA and GasBuddy urge drivers to shop around for the best prices. The Editorial department is independent of Cars.com's advertising, sales and sponsored content departments.
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.
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 .
It features a 75Wh Hexacell battery which is one of the most powerful batteries that Samsung has ever equipped with a notebook. It is worth adding that Samsung refreshed its Notebook 9 series in January this year and launched the Notebook 9 Pro in May.
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.
New Zealand have again thrashed the West Indies , coasting to a 240-run win in the second Test in Hamilton inside four days. Southee , Boult, de Grandhomme and Wagner all finished the day with two wickets, Southee the pick of the quartet.
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.
This is something that - I'm speaking about the number of reports that have taken place over the last couple of weeks. About halfway through, though, Sanders appeared to lose her temper in a follow-up question asked by CNN's Jim Acosta.
Many countries continue to call for a two-state solution, with East Jerusalem as the capital of an independent Palestinian state. Across the Arab and Muslim worlds, thousands more protesters had gathered to express solidarity.
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.
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.
Vikings: 3 Keys to Beating the Panthers
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.
Raiders WR Cooper making return vs. Chiefs
They've gone 2-9 in their last 11 games against Chiefs coach Andy Reid , dating back to 2013. The enthusiasm was off the charts, and the on-field play was similarly strong.
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.