Please wait while we enable your Account

0%

Contacting Amazon Web Services
Deploying Cloud Servers, Storage, Transcoding & Database Servers
Deploying Global CDN
Deploying Firewall & Enabling Security Measures
Deploying the CMS & Admin Module
Deploying Website, Mobile & TV Apps framework
Creating your FTP account
Finishing up all the modules
Preparing for launch

Disney buying stake in 21st Century Fox

Soumya Sekhar Published on : 18 December 2017

According to The New York Times, Disney is buying a stake in 21st Century Fox, in an all-stock deal valued at around $52.4 billion. The deal will relieve Rupert Murdoch of his entertainment assets.

This deal will promote Disney’s new streaming platform due for launch in 2019, giving the company the rights to premium assets such as the original Star Wars trilogy, the Avatar movies, The Simpsons, Planet of the Apes,  Ice Age series, etc.

The merger will also make Disney the owner of the Fox television studio and networks including FX, National Geographic, and more than 200 international channels. It will also give Disney majority control of the streaming service Hulu and Turner Broadcasting System i.e. Time Warner.

Written by: Soumya Sekhar

Add your comment

Leave a Reply

Your email address will not be published.

Try Muvi One free for 14 days

No Credit Card Required

.muvi.com
Your website will be at https://yourname.muvi.com, you can change this later.

Upcoming Webinar
April 25

8:00AM PST

Keep it Secure, Keep it Safe: Tips and Techniques to Protect Your Video Content

Streaming content security has quickly elevated to the number one priority across the industry. That’s because billions are being lost in live event revenue, such as sporting events,…...

Event Language: English
1 hour