Disney Makes Deal for 21st Century Fox, Reshaping Entertainment Landscape
Source: New York Times
LOS ANGELES — The Walt Disney Company said Thursday that it had reached a deal to buy most of the assets of 21st Century Fox, the conglomerate controlled by Rupert Murdoch, in an all-stock transaction valued at roughly $52.4 billion.
To complete the integration, a legacy-defining task, Robert A. Iger, Disney’s chief executive, agreed to renew his contract for a fourth time, delaying retirement from July 2019 to the end of 2021.
While the merger still requires approval by antitrust regulators — and the Justice Department recently moved to block a big media company from becoming even bigger — the once unthinkable acquisition promises to reshape Hollywood and Silicon Valley. It is the biggest counterattack from a traditional media company against the tech giants that have aggressively moved into the entertainment business.
Disney now has enough muscle to become a true competitor to Netflix, Apple, Amazon, Google and Facebook in the fast-growing realm of online video.
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I thought I heard that on the radio this morning but only caught it near the end of the report. 
What is still missing however, is the more robust infrastructure needed to share that content and the means to get it to the consumer. I remember when Netflix was moving to streaming and the issues they had (and still have) with the ISPs (this is "net neutrality" material) to get their content to consumers. I.e., the "pipes".
With the vote that will happen today to kill net neutrality (and the GOP WILL do that), large entertainment conglomerates like this are going to have a problem when "competitors" like Comcast start throttling content that they don't already own (e.g., Comcast owns NBC/Universal)... because they can.
