Video It is approved that Disney buys 21st Century Fox by Billion

The signature that the mythical Walt Disney created in 1923 is by far the largest multinational entertainment company. Its power extends from bustling productions, amusement parks and popular brands, to a private island in the Bahamas. And this Friday, the company went further, endorsing, the purchase of 21st Century Fox and other products of the company, by $ 71 billion.




The result? "Disney currently holds 16.2% of the film production market," says Sebastián Valdivieso, investment director of Cochrane Capitals, who adds that after acquiring 21st Century Fox – which has 11, 5% – will reach nearly 28% of participation. The other competitors will be far behind: Warner Bros. (15.1%), Sony (12.1%), Universal (11.4%) and Paramount (10.4%).



The company acquires brand franchises like "X-Men" or "The Simpsons", in addition to a series of television channels such as NatGeo or FX. Rupert Murdoch, business owner until now, would focus on strengthening information networks through the name "New Fox". Disney, meanwhile, should be separated from about 22 regional sports networks.



Cochrane Capital claims that one of the major acquisitions is Hulu, the streaming platform by which Disney could enter the online market and compete directly with Netflix and Amazon and, for the moment, operate only in Japan and in the United States.

Multimedia Giant

Last year, Disney achieved a turnover of $ 55,137 million and $ 14,775 million in profits and has an empire including movie studios, chains television, hotels and resorts. of mass consumption, among other divisions. His film studies – from Marvel to Pixar to LucasFilm – are responsible for 15.2% of the company's revenues, while his television division – which includes ABC, A & E, History Channel and Disney Channel – contributes to 42.6%

The entertainment giant has several stations, eight amusement parks, mainly in the United States. and Asia, one of its most curious assets being an island in the Bahamas called Castaway Cay, for Disney Cruise passengers.