In December of 2017 The Walt Disney Company reached a deal to acquire most of the assets of 21st Century Fox. This deal included Fox’s film and television studios cable entertainment networks and international assets. The total price for the acquisition was $52.4 billion.
The deal was seen as a way for Disney to increase its global reach as 21st Century Fox had a strong presence in international markets. The acquisition also gave Disney control of key franchises like X-Men and Avatar. In addition Disney gained a majority stake in Hulu which it did not previously own.
The deal was met with some regulatory hurdles as it Concentrated media ownership in the hands of a few companies. However it was ultimately approved by shareholders of both companies.
The acquisition was completed on March 20 2019.
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What did Disney acquire from 21st Century Fox?
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When did the acquisition happen?
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Why did Disney want to acquire Fox?
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How much did Disney pay for Fox?
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What did Fox shareholders get in the deal?
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What does the acquisition mean for the Walt Disney Company?
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What does the acquisition mean for Rupert Murdoch and Fox?
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What does the acquisition mean for Fox employees?
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What does the acquisition mean for the film industry?
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What does the acquisition mean for the television industry?
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What does the acquisition mean for the consumer?
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What does the acquisition mean for the future of media?
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What other companies did Disney consider acquiring?
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Why did Disney ultimately decide to acquire Fox?
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What are the potential risks and challenges of the acquisition for Disney?
