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Disney Plans To Acquire 21st century Fox, Spots And Comic Book Fans Ecstatic

A recent acquisition between two of the most prominent television and entertainment companies in the United States could change the course of entertainment in the country. Walt Disney Co is all set to acquire 21st Century Fox, which will entirely go into effect in the early months of 2018. The decision to go through with the acquisition was taken after 21st Century Fox decided to put up their stake for sale to focus entirely on their news and broadcasting segments of the company. The amount that Walt Disney is set to put into the deal is estimated at around $60 billion and can have a massive impact on the net worth of 21st Century Fox as a whole.

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Disney Plans To Acquire 21st century Fox, Spots And Comic Book Fans Ecstatic

  1. 1. Disney Plans To Acquire 21st century Fox, Spots And Comic Book Fans Ecstatic A recent acquisition between two of the most prominent television and entertainment companies in the United States could change the course of entertainment in the country. Walt Disney Co is all set to acquire 21st Century Fox, which will entirely go into effect in the early months of 2018. The decision to go through with the acquisition was taken after 21st Century Fox decided to put up their stake for sale to focus entirely on their news and broadcasting segments of the company. The amount that Walt Disney is set to put into the deal is estimated at around $60 billion
  2. 2. and can have a massive impact on the net worth of 21st Century Fox as a whole. The deal would prove to be one of the biggest positives for Disney as a whole. For one, it would increase the scope of the television shows and movies that they send into production. The acquisition of 21st century Fox means that the company will also be getting the rights to some of the Marvel franchises that the company currently has the rights to. This could even prove beneficial to the company as they make their shift from television to online streaming. Disney is aiming to pull out their shows from Netflix and showcase it through a streaming website of their own. Currently, Disney has granted certain rights of broadcasting their shows online to the popular streaming site Hulu but does not plan to stick with them for an extended period. For comic book lovers, this acquisition has been one of the best things since comic books started being punished. After the acquisition, Disney plans to up the production of comic book based movies, as a result of the incredibly large audience that it has for this genre. Acquiring the rights to the Marvel franchise would mean more scope for popular superheroes to make their way to the silver screens, and more and more hidden favorites emerging from the shadows. There are of course concerns as to whether or not Disney will try to put their spin on the comic books, or stick to the stories as they are, but that is something only time will tell. One of the biggest movie franchises that Disney will now be able to own as a result of this acquisition is Star Wars Episode IV: A New Hope, which was one agreement that Fox had retained with the original director of the movie. However, the acquisition may result in them handing the rights over to Disney.
  3. 3. The acquisition of 21st Century Fox would also mean significant news for sports fans. Disney is already on its way to launch its own sports streaming website in collaboration with its sports network, ESPN, and the acquisition of 21st Century Fox would open up avenues through the use of Fox’s current sports channels and networks that they operate through. Fox currently owns around fifteen regional and national sports channels across America, and this acquisition would allow Disney to become an even more significant player in the sports broadcasting industry. So what is left of 21st Century Fox? There are still a few assets that the company plans to retain and focus on entirely. Fox News is one of those assets that the company now wants to focus on mainly. Fox News is one of the most prominent news broadcasting channels in the entire country and forms a large part of the profits that the company sees. Acquiring Fox News would be one of the most significant assets for Disney, but that is the plan that 21st Century Fox wants to go with. YORKVILLE ADVISORS. Global alternative investment manager providing specialty financing solutions.

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