New Disney Website Banner Suggests Fox Lost The Simpsons

Yolanda Curtis
March 21, 2019

Former House Speaker Paul Ryan has joined the board of Fox Corp., the media company that begins its new life Tuesday after Rupert Murdoch sold much of his empire to Walt Disney Co. a year ago. Disney announced in 2017 that it was purchasing many parts of 21st Century Fox for $52.4 billion in stock.

The Disney deal is nearly done, and from that major deal, Fox Corporation is trading today as its own, standalone company, (Nasdaq: FOXA, FOX), separate from 21st Century Fox ("21CF").

The deal has been in the works for more than a year, but wasn't official until various regulatory agencies around the world gave their approvals.

GOP Senators Defend John McCain After President Trump's Attacks: 'Genuine American Hero'
Lindsey Graham , of SC , issued two tweets praising McCain without mentioning Mr. Feel bad for people out there who are being bullied that don't have support.

Former House Speaker Paul Ryan will join the Fox Corporation's board. The company's homepage now has a brand new banner which, in addition to giving us expected character from the likes of Star Wars and Pixar, now includes images of Deadpool, The Simpsons, and Avatar among others. It will also likely lead to layoffs in the thousands, thanks to duplication in Fox and Disney film-production staff.

Now that Fox Corp. has sold off most of its entertainment properties, it has become a standalone company that will retain ownership of its broadcast network, owned-and-operated network affiliates, the Fox News Channel, Fox Business Network and Fox Sports. While Fox had from the start declared Disney to be their top pick for the deal, things were complicated when Comcast threw their potential buyer hat into the ring.

The acquisition clears the way for Disney to launch its money-spinning Disney+ streaming service, with a war-chest of lucrative shows to roll out with it.

Trump rips McCain yet again: 'I was never a fan'
McCain wasn't made aware of the dossier until after the election when he passed it on to the Federal Bureau of Investigation . John McCain poses for a photograph at the World Economic Forum (WEF) in Davos, Switzerland, Jan. 23, 2014.

To win the blessing of regulators, Disney agreed to sell 22 Fox regional sports networks in the US, its half of the A&E channels in Europe and Fox's sports network in Brazil. He will serve alongside Rupert Murdoch, the founder of Fox, and Lachlan Murdoch, the company's chief executive and chairman.

Fox News has always been considered, by many observers, to be the unofficial mouthpiece for President Donald Trump. The main divestitures will be Fox's portfolio of regional sports networks, which Disney is in the process of selling off. This merger is nothing short of historic, as it's one of the biggest deals the industry has ever seen and will see Disney take control of all of Fox's movie and TV assets.

Netflix Confirms It Won't Be Part of Apple's Upcoming Video Service
Netflix will not be part of Apple's new video streaming service, boss Reed Hastings has told U.S. media. These are fantastic , large, well-funded companies with very significant efforts.

Other reports by

Discuss This Article

FOLLOW OUR NEWSPAPER