Disney Moves From Behemoth to Colossus With Closing of Fox Deal - News Summed Up

Disney Moves From Behemoth to Colossus With Closing of Fox Deal


Analysts say that Disney could force smaller studios to merge as they scramble to compete. And Disney’s plans to use Fox content to forcefully move into streaming could slow the growth of Netflix. Disney had been a mere behemoth, dominating sports television through ESPN, controlling the global theme park business and running Hollywood’s No. But the company decided that it needed to bulk up even more as the tech giants aggressively moved into Hollywood. The competition now includes Apple, which is scheduled to unveil its television and movie plans on Monday.


Source: New York Times March 20, 2019 03:56 UTC



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