company as its chairman and chief executive. The Murdoch family will control the company through its ownership of voting shares.
Fox alerted the employees who it plans to retain in December. Disney has already identified key executives who will make the switch but must still decide in the coming days and months who will be integrated into the expanded company.with their rich vault of titles, including “Modern Family,” “The Simpsons,” “Avatar” and “Deadpool.” The goal is to ramp up a programming pipeline for a new streaming service, called Disney+, that the company plans to launch later this year.
Disney must sell the 22 Fox regional sports networks, including the YES network in New York, which broadcasts Yankees baseball games, and Prime Ticket and Fox Sports West in Los Angeles. Disney wanted to buy the regional channels, but the U.S. Justice Department would not allow that. In order to gain regulatory approval of the deal, Disney agreed to divest the regional sports channels.
bcmonego
It’s always about the money at the nd of the day. Money and power. Always.
I hope this means the end of Fox news
They’re just evil, these people. We should never have let them into this country.
Why not unbutton that shirt some more!
Yea, because the world could always use more fake news.
Certainly explains fox news’ about face to a more liberal news network.
Murdoch is evil
BiffCo
The new Fox is now “a standalone, publicly traded company,” the company said. Its shares are listed on the Nasdaq market; Tuesday marks the first day of trading.
But will its 'news' station still be a cesspool?
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