“Disney to buy 21st Century Fox assets in a deal worth more than $52 billion in stock”

In Entertainment & Art, Politics by Dusty Croghan

“The deal has a total value of approximately $66.1 billion, with Disney assuming $13.7 billion of Fox’s net debt. Bob Iger will remain Disney’s chairman and CEO through the end of 2021. The Disney-Fox deal will give Disney more content when it launches its own streaming service. Netflix may lose more content, but the company has already made moves to create more of its own content.”