DONE DEAL: WHAT DISNEY’S FOX ACQUISITION MEANS FOR THE INDUSTRY
WHAT DISNEY’S FOX DEAL MEANS FOR THE INDUSTRY With Disney and 21st Century Fox’s $71.3 billion merger now approved by shareholders, it seems all but certain that the deal will be confirmed in the coming months. Two of the world’s biggest and most powerful media giants are joining forces to expand their international reach and fight off competition from new players like YouTube and Netflix. Today, we pull back the curtain and take a look at the short and sweet history of one of Hollywood’s most dramatic bidding wars, explore Disney’s upcoming Netflix challenger, and look at how competitors in the entertainment industry are planning to retaliate to a Disney/Fox attack. A NAIL-BITING BIDDING WAR Whether you’re on the side of the Mouse and the Fox, or you’re against the…