It is official, Walt Disney to going to buy 21st Century Fox, but that is going to basically be the movie and TV production divisions. FOX Broadcasting Company, FOX Television Stations, FOX News Channel, FOX Sports channels (F1, F2, Fox Deportes, Big Ten Network) and FOX Business is not going to become part of ABC News or ESPN. A new company will be created for these interests before Disney absorbs 21st Century FOX.
So for now, FOX News will be “fair and balanced,” and Sean Hannity and Tucker Carlson fans can breathe a sigh of relief that they will not answer to Mickey Mouse, Donald Duck, Scrooge McDuck, and Goofy.
The deal will bring more balance to “The Force”…not foolin…read on.
This morning, The Walt Disney Company and 21st Century Fox made it official. After weeks of rumors, they announced a deal that will bring Fox’s entertainment assets to Disney and spin off the news and some sports assets of Fox into a new company. Here are five things you need to know.