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Analysis of Disney’s Acquisition of 21st Century Fox
- 1 Zhuhai College of Science and Technology
- 2 Liuan Second Middle School
* Author to whom correspondence should be addressed.
Abstract
Disney has recently made a momentous announcement regarding its acquisition of 21st Century Fox, a deal that is poised to revolutionize the entertainment industry. Valued at a staggering $71.3 billion, this acquisition will grant Disney control over Fox’s film and television studios, cable networks, and international assets. With the addition of Fox’s assets, Disney will emerge as an even more dominant force in the entertainment industry, boasting a vast library of content and a formidable presence in both film and television. This study will offer a comprehensive analysis of the acquisition. With fewer major players in the market, there are concerns about the impact on competition and the potential for increased prices for consumers. However, Disney has stated that the acquisition will enable it to better compete with new industry players, such as Netflix and Amazon. By merging its own content with that of Fox, it will be able to offer a more comprehensive streaming service, which is becoming increasingly vital in the era of cord-cutting. Overall, the acquisition of 21st Century Fox by Disney is a momentous development in the entertainment industry, with far-reaching implications for both companies and consumers. While there are concerns about the impact on competition, the deal is likely to bolster Disney’s position in the market and enhance its ability to compete with new industry players.
Keywords
acquisition, capital preparation, diversification
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Cite this article
Duan,X.;Rong,J. (2023). Analysis of Disney’s Acquisition of 21st Century Fox. Advances in Economics, Management and Political Sciences,35,165-170.
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