• EU approves Disney's deal to buy Fox entertainment assets

    14 days ago - By Chron

    BRUSSELS - European Union authorities say they have cleared Disney's acquisition of Fox's entertainment assets, provided Disney sells off some TV channels it controls in Europe to maintain competition.
    The EU's executive Commission said Tuesday it gave its approval to the deal.
    Disney's $71.3 billion deal to buy the 21st Century Fox assets, which include Marvel's X-Men and Avengers franchises, is part of its plan to compete with tech companies such as Netflix and Amazon as the entertainment industry moves into the digital streaming era.
    Disney shareholders and U.S. regulators had already...
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  • EU approves Disney buy from Fox if makes TV divestments

    14 days ago - By Reuters

    Walt Disney's $71.3-billion offer to buy Twenty-First Century Fox Inc's entertainment assets won approval from the European Commission on Tuesday, subject to Disney selling interests in factual TV channels in Europe.
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