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The mbadive Disney deal aimed at buying the majority of Fox's badets and franchises – including The Simpsons, Family Guy, Deadpool and X-Men – for an amount of about $ 71 billion is almost complete. Fox and Disney announced in their own press releases that the acquisition is expected to take effect at 8:02 pm EST on March 20.
"This is an extraordinary and historic moment for us – an event that will create significant long-term value for our company and our shareholders," Disney General Manager Robert Iger said in a statement. "The combination of the rich creative content of Disney and 21st Century Fox and its proven talent creates the ultimate global entertainment company, well positioned to lead an incredibly dynamic and transformative era."
Disney said that the purchase of Fox's franchises would allow Disney "to offer higher quality content and entertainment options more attractive to meet the growing consumer demand, to increase its international footprint and expand its offering of direct-to-consumer services ".
Among the "direct consumer offers" that Disney has in development are ESPN + and Disney +, as well as its ongoing investment in Hulu.
Here is a preview of what Disney gets in its Fox Acquisition:
- Twentieth Century Fox
- Fox Searchlight Photos
- Fox 2000 Photos
- Fox family
- Fox animation
- Twentieth Century Fox Television
- FX Productions
- FOX21
- FX Networks
- National Geographic Partners
- Fox Networks Group International
- Star India
- Fox's interests in Hulu, Tata Sky and Endemol Shine Group
After the buyout, Fox will still live, but in a more limited capacity. Fox creates a spin-off unit that will continue to operate Fox News Channel, Fox Business Network, Fox Broadcasting Company, Fox Sports and Fox Televisions Stations Group, as well as cable networks FS1, FS2, Fox Deportes and Big Ten Network. .
Even before the redemption of the Fox, Disney was ready for a huge 2019 with only movies. The company has already released Captain Marvel from its Marvel division, while Avengers: Endgame will be released next month. Dumbo, Aladdin, The Lion King, Frozen 2 and Star Wars: Episode IX are some of the other major films released by Disney in 2019.
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