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Disney-Fox Entertainment Merger Is Official In $71.3 Billion Deal

The exterior of Fox Studios is pictured Tuesday in Los Angeles. Disney’s $71.3 billion acquisition of Fox’s entertainment assets closed around 12 a.m. ET on Wednesday.

Chris Pizzello/AP


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Chris Pizzello/AP

The exterior of Fox Studios is pictured Tuesday in Los Angeles. Disney’s $71.3 billion acquisition of Fox’s entertainment assets closed around 12 a.m. ET on Wednesday.

Chris Pizzello/AP

Homer Simpson probably won’t become the newest member of the Avengers, but anything’s possible now that Disney owns 21st Century Fox.

One year after the Walt Disney Co. announced the $71.3 billion merger, it’s official. The deal, which closed Wednesday at 12:02 a.m. Eastern time, reshapes the media landscape and makes Disney an even greater entertainment behemoth. In bolstering its

Article source: https://www.npr.org/2019/03/20/705009029/disney-officially-owns-21st-century-fox

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