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Disney Makes Deal for 21st Century Fox, Reshaping Entertainment Landscape (nytimes.com)

Disney is going all in for its upcoming fight with Netflix and other streaming giants. The Walt Disney Company said Thursday that it had reached a deal to buy most of the assets of 21st Century Fox, the conglomerate controlled by Rupert Murdoch, in an all-stock transaction valued at roughly $52.4 billion. From a report: To complete the integration, a legacy-defining task, Robert A. Iger, Disney's chief executive, agreed to renew his contract for a fourth time, delaying retirement from July 2019 to the end of 2021. While the merger still requires approval by antitrust regulators -- and the Justice Department recently moved to block a big media company from becoming even bigger -- the once unthinkable acquisition promises to reshape Hollywood and Silicon Valley. It is the biggest counterattack from a traditional media company against the tech giants that have aggressively moved into the entertainment business. Disney now has enough muscle to become a true competitor to Netflix, Apple, Amazon, Google and Facebook in the fast-growing realm of online video. Alternative source: Variety.

3 of 171 comments (clear)

  1. Fox news = GOP news network! by Joe_Dragon · · Score: 0, Troll

    Fox news = GOP news network!

    1. Re:Fox news = GOP news network! by Mashiki · · Score: 0, Troll

      Fox news = GOP news network!

      So.....

      ABC, NBC, CBS, NPR, WAPO, USAToday, Boston Globe, and several dozen others = DNC news network!

      Right?

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      Om, nomnomnom...
  2. Re:Does that include by jellomizer · · Score: 0, Troll

    There is some real differences. If false information gets put out from these sources, which will tend to happen due to the financial pressure to be first to push out the news, they will retract the information publicly, and if it was fake then the journalist behind it, (many who were considered big names) can get fired.

    If you check Fox News website legal link, and compared to the other sites legal link. They are an "Entertainment Company" Not a news organization. They use this to push false and misleading information, or whatever they think they can get away with.

    Having watched Fox News I found for the most part the information isn't fake, however it is bias in its tone. "Liberals Protest Miss Universe Pageant" vs. "group name Protest Miss Universe Pageant". Because they want to keep the tone that people with left leaning tendencies are all grouped together in one group, when compared with all of them together you find a crazy set of people with hypercritical views. While people (and this can be said about right leaning individuals as well) are more complicated and often more sane then what the predominate party line has stated. A Gun carrying pro-lifer who attends church every Sunday, can still be left leaning, because they may feel strongly about many of the other issue, they may want stronger government over site in businesses, against the death penalty (As part of their pro-life stance), insurances that citizens are treated fairly across genders and races.

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    If something is so important that you feel the need to post it on the internet... It probably isn't that important.