Disney Buys Fox -

Disney absorbed most of Fox's entertainment and international holdings:

The , finalized on March 20, 2019 , remains one of the largest and most influential mergers in media history. This strategic move was primarily driven by Disney's desire to bolster its content library for the launch of its streaming service, Disney+ , and to gain a controlling stake in Hulu . The Deal at a Glance disney buys fox

$71.3 billion (increased from an initial $52.4 billion offer after a bidding war with Comcast). finalized on March 20

Approximately 50% cash and 50% stock, with Disney assuming roughly $19.2 billion of Fox's debt. disney buys fox

To secure a massive content library to compete with tech giants like Netflix and Amazon in the "streaming wars". Key Assets Acquired by Disney