Disney is buying 21st Century Fox in a deal that will reshape Hollywood

This is no Mickey Mouse deal: Disney is buying Rupert Murdoch’s 21st Century Fox for $52.4 billion, including its Hollywood film studio and properties such as The Simpsons, The X-Men, and Avatar. Not included: Fox News.

The deal marks a major retreat for Murdoch, whose sprawling media empire was forced to split into two pieces after a British hacking scandal a few years back. NPR notes that he “reached the remarkable conclusion” that his $60 billion company “just wasn’t big...

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