© 2022 KGOU
wind farm in southwest Oklahoma
News and Music for Oklahoma
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations
Arts and Entertainment

The Disney-Fox Merger: It's A Stream World After All

NEW YORK, NY - DECEMBER 14: An image of Mickey Mouse, the official mascot of The Walt Disney Company, is displayed outside the Disney Store in Times Square.
NEW YORK, NY - DECEMBER 14: An image of Mickey Mouse, the official mascot of The Walt Disney Company, is displayed outside the Disney Store in Times Square.

Disney, meet Deadpool.

— Ryan Reynolds (@VancityReynolds) March 19, 2019

The media behemoth just acquired all content and characters owned by 21st Century Fox in a $71 billion merger.

From NPR:

One year after the Walt Disney Co. announced the $71.3 billion merger, it’s official. The deal, which closed Wednesday at 12:02 a.m. Eastern time, reshapes the media landscape and makes Disney an even greater entertainment behemoth. In bolstering its trove of characters and stories, the acquisition also puts Disney in a stronger position to take on Netflix and other streaming companies when it launches its own service, Disney+, later this year.

Disney, which already owns the Pixar, Marvel and the Star Wars brands, will now also get Deadpool and the Fox-owned Marvel characters such as the X-Men and Fantastic Four, allowing for the full Marvel family to be united. Disney also now owns former Fox television networks such as FX Networks and National Geographic Partners. Disney will also get Fox’s 30 percent ownership of Hulu, giving Disney a controlling share of 60 percent.

What happens when one media giant absorbs another? And where’s the future of streaming headed?

We break down the deal’s impact on employees and media consumers alike.

Show produced by Bianca Martin. Text by Kathryn Fink.

GUESTS

Lucas Shaw, Reporter, Bloomberg Business; @Lucas_Shaw

For more, visit https://the1a.org.

© 2019 WAMU 88.5 – American University Radio.

Copyright 2019 WAMU 88.5

More News
Support nonprofit, public service journalism you trust. Give now.