Comcast has bowed out, and Disney has won the bidding war over much of Rupert Murdoch’s 21st Century Fox. For $71 billion, Disney gets Fox’s TV and film studios, 60 percent of Hulu, the FX and National Geographic cable channels, and some properties in India and Latin America. The combined Disney and Fox movie studios have earned nearly 50 percent of the North American box office this year. But the big deal is causing some heartburn among executives at the two companies.
Is Disney now the only traditional media company big enough to compete against tech giants?
Credits
Guest:
- Kim Masters - editor-at-large of The Hollywood Reporter, and host of KCRW's “The Business.” - @kimmasters