Disney finally buys 21st Century Fox, for… $52.400 billion!
Finally, The Simpsons again predict the future, and it is that Disney in the end has bought 21st Century Fox for the chilling amount of 52.400 million dollars.
They have been talking about it for a few days, but in the end it has happened and Disney has taken over 21st Century Fox, for a whopping 52.400 billion dollars. This allows the production company, especially of content for children and young people, to take over film and television studios, in addition to a large part of Fox's international business, including the entertainment business. Fox was owned by Rupert Murdoch, who takes over the television and news channels, as well as Fox News, Fox Business and Fox Broadcasting.
Bob Iger, Disney's CEO, had planned to leave the company in 2019, but after the acquisition he has changed plans and will remain with the company until 2021, to oversee the integration of the companies. "I am convinced that this merger, under the leadership of Bob Iger, will result in one of the best companies in the world," Murdoch said after confirming this information.
Acquiring part of Fox is one of Iger's strategic plans, who seek an increase in content offerings. "The acquisition of this stellar collection of 21st Century Fox businesses reflects the growing demand from consumers for a rich diversity of entertainment experiences," said Robert Iger.
This acquisition allows Disney to further expand control of the box office, since in recent years it has taken over Lucas Film and Marvel Entertainment, which are giving the gigantic film studio a lot of revenue. Fox will bring Disney franchises like Avatar, Planet of the Apes, and the X-Men series. This allows the potential audience of people who consume your products to expand.