[ad_1]
It will be a landmark event in the entertainment industry: the merging of two movie studios and the end of Fox, as we all knew.
Staff at 20th Century Fox are preparing for layoffs and other major changes.
Since then, companies have been seeking all the necessary regulatory approvals. The networks controlled by Fox have been "in a state of strange emptiness", as AdWeek said recently.
The new structure of the Disney-Fox handset has been sketched by senior executives.
Analysts expect Disney to fire at least 5,000 people – some from Fox, others from Disney – because of the consolidation. The company has not commented on these projects, but investors have been asked to "expect cost synergies of at least $ 2 billion by 2021 thanks to the gains of Efficiency achieved through the consolidation of activities ".
On the day of the announcement of the agreement, the White House said the merger would be beneficial to the workers.
"I know that the president spoke to Rupert Murdoch earlier in the day and congratulated him on this agreement.He thinks – to quote one of the president's favorite words – that this could be a very good thing for jobs " [he] certainly looks forward to seeing more of these creations, "said spokeswoman Sarah Sanders at the time.
[ad_2]
Source link