[ad_1]
The takeover by billionaires of much of Rupert Murdoch's entertainment group 21st Century Fox by his rival Walt Disney has taken a major hurdle. Shareholders have branded the $ 71.3 billion (61.2 billion euros) deal Friday in New York, companies said. The exact results of the vote were not announced initially. US antitrust authorities have already approved the merger, but several international agencies have not yet given the go-ahead.
Disney had agreed in December with Fox to resume most of the film and television business of its competitors, but then had a month-long bid battle with the US cable giant Comcast to deliver. A little over a week ago, Comcast had abandoned its efforts. Media mogul Murdoch just wants to keep his flagship news Fox News and the biggest sports channel, both must be separated from the rest of the company in a new company.
Disney would swallow the legendary 20th Century Fox movie studio and various Fox TV channels Take the Star India network and the Hulu streaming service. The Hollywood giant is preparing for its planned attack on Netflix in the booming online TV services market. The British pay-TV Sky, in which Fox holds 39 percent, is still fought with Comcast.
By RND / dpa
Source link
