Disney Makes $52.4 Billion Deal for 21st Century Fox

Disney is buying 21st Century Fox assets for just over $52 Billion dollars in stock. Axios Media Reporter Sara Fischer breaks down what this deal means for the future of media consolidation. Fischer says Disney has been trying to figure out how it can scale to compete against Netflix in the streaming service space. This deal will give Disney ownership of Fox's 30 percent stake in Hulu. It is worth noting this deal isn't quite complete, as it still awaits regulatory approval from the Department from Justice. Recently, the DOJ sued to block the merger between AT&T and Time Warner. Fischer says Disney and Fox executive say this deal doesn't pose the same type of anti-competition problems as AT&T and Time Warner because they don't have a broadband service that reaches consumers directly. But Disney's pending stake in Hulu could give the mouse house favorable content access.

More In Business

Bitcoin’s Next Move: What Crypto Investors Need To Know Now

Tony Edward, author and host of the Thinking Crypto podcast, breaks down Bitcoin’s pullback, rate uncertainty, regulation and what could come next.

Job Seekers Are Losing Patience: How AI Is Changing The Hunt For Work

Matt Berndt, Lead Career Strategist at Indeed, explores AI’s impact on job hunting and why frustrated job seekers are feeling the fatigue.

Elon Musk’s $17 Billion AI Chip Bet: Inside The Terafab Plan

Barron’s Associate Editor Al Root breaks down Elon Musk’s Terafab plan, its massive scale and what it could mean for Tesla, SpaceX and xAI.

How To Shop Amazon Prime Day Like A Pro

Trae Bodge, shopping expert at TrueTrae.com, shares how to spot real Prime Day deals and when shoppers should buy Halloween and holiday items.

Inside The White House’s “Super Intelligence” AI Deal: What It Means For The Future Of Tech

Axios Tech Policy Reporter Maria Curi breaks down the White House’s “Super Intelligence” accord and what it means for AI safety and regulation.

Big Business This Week: Will Anthropic’s $2T IPO Fly Or Stink?

Going over the numbers, the risks and what the Anthropic float means for the rest of the AI market.

The Job Market’s Next Chapter: Where Workers Are Still in Demand

Kory Kantenga, Head of Economics, Americas at LinkedIn, breaks down hiring trends, labor-market resilience and where employers are still seeking workers.

AI Investing Takes Off: Why Younger Investors Are Turning to AI for Research

Bret Kenwell, U.S. Investment and Options Analyst at eToro, breaks down how younger investors are using AI and where they’re looking beyond Big Tech.

Why Americans Are Spending More on Hobbies Despite Economic Pressure

Joe Wadford, Economist at Bank of America, breaks down the hobby spending boom, “funflation” and why millennials and Gen Z spend differently.

Vanessa Hudgens’ Next Big Role? Building a Cactus Water Brand

Vanessa Hudgens and Oliver Trevena, co-founders of Caliwater, reveal why they’re betting on cactus water, the rise of healthy beverages and plans to grow bigger

Load More