I’m not too happy about the proposed merger between Disney and 20th Century Fox. Pretty sure we need less media consolidation, not more!
Walt Disney Company announced Thursday that it has agreed to acquire the entertainment assets of 21st Century Fox, including Fox’s movie studio and entertainment television networks, as well as Fox’s international TV assets.
Why it matters: The new mega-media company will have better leverage to compete with tech giants like Netflix for entertainment viewership and more opportunities to expand Disney’s legacy sports brand, ESPN.
Source: Here’s what the new Disney/Fox merger looks like – Axios