Disney has bought the assets and rights of 21st Century Fox for $52.4 billion – that’s $12 billion more than they paid to acquire Marvel. The acquisition is part of Disney’s plans to become a dominant streaming service platform.
Disney’s chairman Robert Iger delayed his retirement for four more years as Rupert Murdoch asked him to do so. Iger shared a statement in which he said:
“We’re honoured and grateful that Rupert Murdoch has entrusted us with the future of businesses he spent a lifetime.”
Murdoch, on the other hand, said that he “firmly believes that this combination with Disney will unlock even more value for shareholders as the new Disney continues to set the pace in what is an exciting and dynamic industry”.
As one Twitter user pointed out, this acquisition was “predicted” by The Simpsons back in 1998 in the episode When You Dish Upon a Star.
With the possibility of 20th Century Fox being sold to Disney, let me be one of the first to point out the Simpsons predicted it: pic.twitter.com/U1uN5VjiEp
— A Very Ryan W. Meady Christmas (@rwmead) November 6, 2017
