NPR

Disney Officially Owns 21st Century Fox

The $71 billion deal strengthens Disney's portfolio and gives it even more leverage to compete against other streaming powerhouses.

Homer Simpson probably won't become the newest member of the Avengers, but anything's possible now that Disney owns 21st Century Fox.

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

You’re reading a preview, subscribe to read more.

More from NPR

NPR3 min read
Apple Shows Its Steepest Quarterly Decline In IPhone Sales Since Pandemic's Outset
The 10% drop in year-over-year iPhone sales for the January-March period is latest sign of weakness in a product that generates most of Apple's revenue.
NPR5 min readAmerican Government
Six Months Out From The Election, Wisconsin Students Weigh Voting For Biden
Wisconsin's young voters — who have turned out in big numbers in recent elections — are key for either candidate to win the state. But Biden is facing some skepticism on the state's college campuses.
NPR4 min readInternational Relations
Senior UN Official Says Northern Gaza Is Now In 'Full-blown Famine'
Cindy McCain, the American director of the U.N. World Food Program, became the most prominent official so far to declare that trapped civilians in northern Gaza had gone over the brink into famine.

Related Books & Audiobooks