In December, there were talks of the Walt Disney Corporation looking into buying 21st Century Fox. It was later revealed that Disney offered up $52.4 billion for Fox's repertoire. Afterwards, Comcast tried to throw their hat into the ring by bidding $65 billion, but were outbid by Disney's second offer of $71.3 billion. It took seven months for things to level out and get through without issue, and as of now, Disney has announced that they have purchased 21st Century Fox. Both Fox's Rupert Murdoch and Disney's Robert Iger were positive about the buyout, stating that they're excited the future.

Fox itself will keep Fox News, Business, and Sports, alongside any of their local TV stations. It will take until the first half of 2019 for the deal to be completed, in terms of transactions and stocks. Disney now owns majority stock in Hulu, as well.

“We’re incredibly pleased that shareholders of both companies have granted approval for us to move forward, and are confident in our ability to create significant long-term value through this acquisition of Fox’s premier assets,” said Robert A. Iger, Chairman and Chief Executive Officer, The Walt Disney Company. “We remain grateful to Rupert Murdoch and to the rest of the 21st Century Fox board for entrusting us with the future of these extraordinary businesses, and look forward to welcoming 21st Century Fox’s stellar talent to Disney and ultimately integrating our businesses to provide consumers around the world with more appealing content and entertainment options.”

Source

 

[TotalInsanity4]

Well, this will be... Interesting. I'm curious to see how long it takes for them to get whacked with an antitrust lawsuit, but otherwise I think they have a pretty interesting set of IPs to work with now

 

[chartube12]

“Disney must be stopped, no matter the cost”

 

[Joe88]

So is disney going to cancel last man standing again now?

 

[SnAQ]

Disney is slowly taking over the world.

 

[aaronz77]

I wonder if Disney will tone down the "Fake News" on Fox bullshit or continue to rake in the profits from it.

 

[the_randomizer]

So it disney going to cancel last man standing again now?

Given their liberal bullshit agenda, probably. Duck Fisney.

 

[FAST6191]

So two fat and slow behemoths become a single immensely fat and slow entity. Because that usually works out well.

I wonder if Disney will tone down the "Fake News" on Fox bullshit or continue to rake in the profits from it.

Fox itself will keep Fox News, Business, and Sports, alongside any of their local TV stations.

 

[Xabring]

it's funny how a joke turned out to be a "profecy"
twitter.com/Simpsons_tweets/status/941310847938416643

 

[DinohScene]

71.3 billion whilst I get a measily 950 a month.
Fuck this earth :c

Eh, I guess it's a good thing.
Both companies are terrible.

 

[XDel]

Cool, everything is going to be underneath the same idealogical umbrella soon so that it will appear (in the entertainment world anyhow), that the whole world wants the same thing!

I just love propaganda and monopolies! Or shall I say, Corporate Communism.

 

[Ra1d]

Deadpool/X-men in MCU, YES! But please no PG-13 Deadpool.

 

[Eddypikachu]

Cool, everything is going to be underneath the same idealogical umbrella soon so that it will appear (in the entertainment world anyhow), that the whole world wants the same thing!

I just love propaganda and monopolies! Or shall I say, Corporate Communism.

Idk why youre bringing up communism, monopolies are literally peak capitalism as seen through history in the US before anti trust laws became a thing

 

[matthi321]

i hope they dont mess with family guy and american dad

 

[Dimensional]

I wonder if Disney will tone down the "Fake News" on Fox bullshit or continue to rake in the profits from it.

Fox will continue to own their News part, so Disney won't be able to do anything about that.

 

[FAST6191]

Cool, everything is going to be underneath the same idealogical umbrella soon so that it will appear (in the entertainment world anyhow), that the whole world wants the same thing!

I just love propaganda and monopolies! Or shall I say, Corporate Communism.

Stick it out that little bit longer.
They will sooner or later boot their all best talent as they fail to live by the paradoxical, contradictory and nonsensical rules (or their success becomes a hindrance to their virtue, I mean they must have had a leg up to get there and thus basically killed a minority to do it).

At that point the exiles will realise they have the tools, time and talent to do good stuff and we can begin it all again or something, or maybe those that chose to ignore the game will be it instead.

 

[Eddypikachu]

Again, can someone dig out Theodore Roosevelt out of his grave so he can help us with some trust busting?

 

[rehevkor]

Half-Life 3 confirmed.

 

[MarkDarkness]

Cool, everything is going to be underneath the same idealogical umbrella soon so that it will appear (in the entertainment world anyhow), that the whole world wants the same thing!

I just love propaganda and monopolies! Or shall I say, Corporate Communism.

The Star Wars treatment, so fine. Maybe every movie now will have women with purple hair being condescending while acting superior and having the worst decision-making. Best lesson for Star Wars VIII: Obey your superiors blindly, shut up and take your orders, especially if they are women.

 

[ForeverEternal]

Expect further delays to Kingdom Hearts 3 and the inclusion of The Simpsons and Family Guy worlds.