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Fox deal to drag on earnings, but Disney says the future payoff will be worth the pain

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Disney said Tuesday it expects the acquisition will lower its fourth-quarter profit, before purchase accounting, by about 45 cents per share. However, the company remains optimistic about its purchase of the entertainment giant.

. Along with its own library of content, Disney now has all of Fox's entertainment assets.

The company has already said all episodes of "The Simpsons" will appear on the services on day one. Other 20th Century Fox titles on Disney+ will include "The Sound of Music," "The Princess Bride" and "Malcolm in the Middle." And, now that Disney owns Hulu, it can put its not-so-family-friendly fare on that streaming service alongside "The Handmaid's Tale," "The Act" and "Catch 22."

 

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Kenversations Par for the course. -Without 20thCenturyFox and Hulu libraries DisneyPlus streaming service would be anemic. -Parks will get a new injection of authentic and vetted storylines. -Disney to become one of or the largest producer of content, traditional and digital.

CNBC is FAKE NEWS. I used an adblocker and found this article: 'Trump, without evidence, accuses Google of illegally swinging election against him in 2020' There is PLENTY of evidence. Everyone in the real world knows this. Media people live in la-la land.

I Quit watching Fox and their stupid immoral cartoon carnage a loooooooonnnnnggggg time ago! I banned them from my television set!

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Disney reports record revenue, but stock falls as Fox acquisition hurts earningsThe Walt Disney Co. reported record quarterly revenue Tuesday, but the stock headed lower in after-hours trading as expectations for record-breaking movie... This is why capitalism sucks...they made a shit ton of $$, but that’s not what matters....instead of working harder, they’ll cut projects and have layoffs...
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