• January 8Next ACT - February 10th

Eagle's Eye

Filed under News

Disney-Fox deal may be the biggest media deal in years

Advertisement

Hang on for a minute...we're trying to find some more stories you might like.


Email This Story






 

According to CNN, in the next couple of weeks, the media world will become an “entertainment earthquake” if Disney goes along with expectations and buys a large part of 21st Century Fox.

If, or should they say when, the deal goes through, Disney will own one of the United State’s largest movie studios, as well as famous television channels FX and National Geographic.

AOL bought out Time Warner at the turn of the century in January of 2000, making it the biggest media buy, with a $112 billion pay out. The joint-business venture did not succeed, as Time Warner dropped AOL in 2009. Markets are hoping for this deal to be the biggest media plan since then.

According to Richard Greenfield, BTIG media and technology analyst, “The sale is an ‘absolutely brilliant move by the Murdoch family,’… because it gets them a good price before their industry declines any further.”

This will give Disney a rise in their stocks, as they have experienced an up and down trend from their loss in the summer.

The deal would “double its stake in Hulu with the acquisition, becoming majority owner. And as Disney prepares to launch its own over the top streaming services in 2019, it could become a more formidable foe for the likes of Netflix …by combining its existing content with Fox’s movie, television and sports content.”

 

Print Friendly, PDF & Email

Leave a Comment

GCHS Eagle's Eye intends for this area to be used to foster healthy, thought-provoking discussion. Comments are expected to adhere to our standards and to be respectful and constructive. As such, we do not permit the use of profanity, foul language, personal attacks, or the use of language that might be interpreted as libelous. Comments are reviewed and must be approved by a moderator to ensure that they meet these standards. GCHS Eagle's Eye does not allow anonymous comments, and requires a valid email address, which all students have been provided. The email address will not be displayed but will be used to confirm your comments.

You must be logged in to post a comment.

Navigate Right
Navigate Left
  • Disney-Fox deal may be the biggest media deal in years

    Eagle Life

    GCHS Forensics travels to Daviess Co

  • Disney-Fox deal may be the biggest media deal in years

    Eagle Life

    #Leaveitin2017

  • Disney-Fox deal may be the biggest media deal in years

    Entertainment

    Stranger Things 2 review

  • Disney-Fox deal may be the biggest media deal in years

    Eagle Life

    GC Forensics members place at Marshall Co Invitational

  • Disney-Fox deal may be the biggest media deal in years

    Eagle Life

    ❤️Beauty and the Beast ❤️

  • Disney-Fox deal may be the biggest media deal in years

    Eagle Life

    Fall Musical: Beauty and The Beast

  • Disney-Fox deal may be the biggest media deal in years

    Eagle Life

    Happy Halloween from GCHS Eagles Eye!

  • Disney-Fox deal may be the biggest media deal in years

    Eagle Life

    Senior Night

  • Disney-Fox deal may be the biggest media deal in years

    Eagle Life

    Volume 33: Issue 1: Friday the 13th!

  • Disney-Fox deal may be the biggest media deal in years

    Eagle Life

    GCHS STILE cards result in increase of positive student behavior