Feels like the first day of ‘Pool. pic.twitter.com/QVy8fCxgqr— Ryan Reynolds (@VancityReynolds) March 19, 2019
Tuesday, March 19, 2019
Disney's Aquisition of Fox Completes Tonight
It's been over a year in the making (I know, I haven't really reported on it. I kept expecting it to get terminated by some government agency), but Disney's buyout of 20th Century Fox will officially go into effect tonight at 12:02am Eastern Time. The deal sees Disney acquire most of the company's assets, including the studio and intellectual property, but not certain television networks (including their main over-the-air network and regional sports networks). After the acquisition goes into effect, expect some corporate restructuring and layoffs as redundant positions are eliminated.
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