Disney Completes Its $71.3 Billion Purchase of Fox, Massively Transforming the Industry

Some news, broadcast and sports assets spun off into new company ahead of merger

Disney first announced its bid for Fox, which at the time was $52.4 billion, in December 2017. Photo Illustration, Amber McAden; Sources: iStock, Fox, Disney

It took 15 months and nearly $20 billion more than originally planned, but the Walt Disney Company has officially closed on its $71.3 billion purchase of 21st Century Fox, putting into motion one the industry’s most massive transformations ever.

@jasonlynch jason.lynch@adweek.com Jason Lynch is TV Editor at Adweek, overseeing trends, technology, personalities and programming across broadcast, cable and streaming video.