Written By James Allan | 12-14-2017
First of all in the political spectrum Disney is democrat liberal minded and in the pot with ABC, NBC, CNN and CBS. The "Fox News Channel" is not part of the package. Only the T.V. and movie show 21st Century Fox side is being sold. This deal even though it doesn't include the news side of Fox, does display the movement of all media including movie and T.V. shows away from the republican party.
It's kinda scary because down the road the Fox News channel at some point may be sold to the liberal democrats to squash the republican party even further. This walking away of conservative media from the republican party is the fault of the "libertarian republicans" whom for decades let it happen because of their ideology. We can only hope Donald Trump can find a way to kill this deal.
Story From Newsmax: Disney Paying $52.4B for 21st Century Fox Film, TV Businesses
Disney Paying $52.4B for 21st Century Fox Film, TV Businesses
Newsmax Thursday, 14 Dec 2017 07:38 AM
Walt Disney Co. agreed to a $52.4 billion deal to acquire much of the global empire that media baron Rupert Murdoch assembled over three decades, from a fabled Hollywood studio to Europe’s largest satellite-TV provider to one of India’s most-watched channels.
Holders of Murdoch’s 21st Century Fox Inc. will get 0.2745 Disney share for each Fox share, for assets including the movie and TV production house, a 39 percent stake in Sky Plc, Star India, and a lineup of pay-TV channels that include FX and National Geographic, the companies said in statements Thursday. The price amounts to about $29.54 a share, based on Disney’s closing price Wednesday.
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