Disney Will Acquire 21st Century Fox For $52.4 Billion

Fox's TV and film studios, FX, and Hulu stake are included, but not Fox TV or Fox News

21st Century Fox will spin off Fox Broadcasting, Fox News, FS1 and other assets to its shareholders ahead of Disney's acquisition. Photo Illustration: Dianna McDougall; Sources: Getty Images, Disney, 21st Century Fox

A deal that would have been unimaginable just a couple months ago has now been finalized: Walt Disney Company announced that it will acquire 21st Century Fox, including Twentieth Century Fox movie and TV studios, most of its cable networks, international assets like Star and Sky and its stake in Hulu for $52.4 billion. The deal will be an all-stock transaction.

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