The acquisition of Rupert Murdoch’s film and TV studio business will boost Disney as it enters the TV streaming market
Disney has closed its $71bn (£54bn) acquisition of Rupert Murdoch’s entertainment business in a deal that unites franchises including Cinderella, The Simpsons and Star Wars under one corporate roof to create a media behemoth of unprecedented scale.
The Walt Disney Company closed its acquisition of 21st Century Fox shortly after midnight New York time on Wednesday.
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