2 ways the Disney-Fox deal could concentrate an intense amount of power in the media world
Disney is close to buying a bunch of assets from 21st Century Fox, according to CNBC.
Such a deal could mean Disney ends up owning 30%-40% of the domestic box office, and 60% of Hulu.
The potential deal could likely face scrutiny from the DOJ.
On Tuesday, CNBC reported that Disney was close to a deal to buy large chunks of 21st Century Fox. Such a deal could lead to quite a concentration of power in media.
CNBC reported that Disney could pick up “Fox’s Nat Geo, Star, regional sports networks, movie studios and stakes in Sky and Hulu, among other properties.” Disney …read more
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