The Walt Disney Company has purchased 21st Century Fox, including the 20th Century Fox Film and Television studios, along with cable and international TV businesses. The deal includes 20th Century Fox, Fox Searchlight Pictures, Fox 2000, 20th Century Fox Television, FX Productions, Fox21, FX Networks, National Geographic Partners, Fox Sports Regional Networks, Fox Networks Group International, Star India and Fox’s interests in Hulu, Sky, and Endemol Shine Group.
The deal doesn’t include the Fox Broadcasting network and stations, Fox News Channel, Fox Business Network, FS1, FS2 and Big Ten Network. Those will be spun off into a newly-listed company.
The acquisition will include popular entertainment properties including X-Men, Deadpool, The Fantastic Four, Avatar, and The Simpsons.
It has also been revealed that The Walt Disney Company Chairman and Chief Executive Officer Bob Iger has agreed to continue in the position through the end of calendar year 2021.
You can read the full press release HERE.
