Disney completes purchase of fox
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A little over a year ago, Disney surprised the market by announcing its intention to buy 21st Century Fox. A bet that gave the company more power in the film and television segment. Finally, the purchase has already been completed, after a long process. Since this purchase process had to be approved by various instances in various countries. But it was all green lights.
Disney completes Fox purchase
The factory of dreams itself has been in charge of announcing this purchase officially on its website. So we know that the process has finally ended.
Fox is already owned by Disney
In this way, it is already official and Fox becomes the property of Disney and the group of the firm. A purchase that also comes a few months before the company is going to launch its own streaming platform, with which they hope to compete with Apple or Netflix, among others. So now they will have a greater amount of content available with which to compete in the market.
The operation has been completed with an amount of $ 71.3 billion. In addition, thanks to this purchase, Disney also gets a part of some platforms like Hulu, which have been trying to buy for a while. This is one more step in this regard.
So far nothing has been mentioned about the way in which the two companies will be integrated. Possibly more will be known in the coming weeks. We'll be alert.
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