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Stock impact report

As Disney-Fox merger officially closes, both media giants move toward new futures [USA TODAY]

Walt Disney Company (The) (DIS) 
Last walt disney company (the) earnings: 2/4 04:05 pm Check Earnings Report
Company Research Source: USA TODAY
As Disney-Fox merger officially closes, both media giants move toward new futures CLOSE Disney's new extended 'Aladdin' trailer is here. The Walt Disney Studios CONNECT TWEET LINKEDIN COMMENT EMAIL MORE A whole new world officially begins today for Disney and Fox. The Walt Disney Company's $71.3-billion acquisition of 21st Century Fox's movie and TV studios and other assets including Fox's 30 percent stake in Hulu officially closed after the clock struck midnight Wednesday morning. Fox emerges from the deal, which Disney won in a heated bidding war with Comcast Fox ' 22 regional networks are in the process of being sold-off by Disney as part of the company's deal with regulators to gain approval for the merger. One network, the Yankees' YES Network, was already sold for roughly $3.5 billion The new Disney comes out of the transaction as a box office and entertainment behemoth, with a kingdom that includes its owns studios – its live-action arm has Dumbo Avatar X-Men Deadpool Actor Rya Show less Read more
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