ZB ZB
Live now
Start time
Playing for
End time
Listen live
Listen to NAME OF STATION
Up next
Listen live on
ZB

Disney acquires 21st Century Fox in $71 billion deal

Author
Newstalk ZB,
Publish Date
Thu, 21 Mar 2019, 8:42AM
Photo / AP

Disney acquires 21st Century Fox in $71 billion deal

Author
Newstalk ZB,
Publish Date
Thu, 21 Mar 2019, 8:42AM

Disney is taking a massive gamble, to become the most powerful entertainment company in the world.

It's acquired Rupert Murdoch's 21st Century Fox for $71 billion, in one of the biggest business deals in Hollywood history.

The deal gives it full control of franchises like The Simpsons, X-Men and Modern Family.

But Wall Street Journal reporter, Joe Flint, told Mike Hosking it's come at a very high price.

"I think if we gave some truth serum to the people at Disney they might acknowledge that they are paying more than they would like to for these assets."

 

 

Take your Radio, Podcasts and Music with you