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Home https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Business https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Disney closes a $ 71B deal for Fox's entertainment assets

Disney closes a $ 71B deal for Fox's entertainment assets



Disney has completed the $ 71 billion acquisition of Fox's $ 71 billion entertainment business, putting Cinderella, The Simpsons, Star Wars, and Dr. Strano under a corporate roof

The deal is likely to shake the media landscape, among other things, it opens the way for Disney to release its streaming service, Disney Plus, to be released later this year, which is likely to lead to cuts in thousands due to duplication in the Fox and Disney for film production Amazon and Netflix for the attention of viewers – and dollars

Disney with he needs convincing TV shows and movies to convince viewers to sign up and pay for another streaming service He already has Disney's classic star animations, Pixar, Muppets, and some of Marvel's characters. Fox, Disney could add Marvel's X-Men and Deadpool, along with programs shown on Fox channels such as FX Networks and National Geographic. Fox's production includes "The Americans," "It's Us," and "The Modern Family". theaters, streaming services, and other ways people enjoy entertainment. Disney will receive valuable customer data and entertainment entertainment habits, which will then be able to use to sell an ad. "No. 1

priority."

Cable and telecommunications companies are buying companies that make TV shows and films to compete in a changing media landscape, although Internet providers like AT & T and Comcast directly control access to their customers to the Internet in a way that Amazon, YouTube and Netflix do not, they are still faced with threats as these streaming services gain popularity, $ 81 billion, and has already launched its own streaming service, Watch TV, with Time Channels Warner like TBS and TNT, among others, for $ 15 a month, the deal paves the way for Marvel's X-Men and Avengers to come together in future films.Although Disney owns Marvel Studios, some characters, including the X-Men, are already licensed to Fox [19659002] Disney also receives a controlling stake in the existing Hulu Streaming service, which plans to continue working as a home for more general programming, with family shows and movies heading for Disney Plus.

Disney Plus has not disclosed a price. The streaming service will include five categories of material: Disney, Pixar, Marvel, Star Wars and National Geographic. Disney charges $ 5 a month for ESPN Plus, a service that offers programming other than the ESPN cable channel.

Meanwhile, Fox Corp. – Non-part Fox 21st Century Fox News, Fox Sports and Fox Broadcasting – have begun trading on Nasdaq under "FOX" and "FOXA" tickers on Tuesday.


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