December 14, 2017
Early Thursday (Dec. 14), one of the largest media mergers in U.S. history was announced when the Walt Disney Co. announced it had agreed to buy Twenty-First Century Fox, including the historic Twentieth Century Fox movie studio, Fox Searchlight and all the movies produced by it, for $52.4 billion.
The deal also includes Disney acquiring Fox’s television studio and all the shows it produces as well as the FX and National Geographic channels. Fox will maintain control of the Fox television channel, Fox News Channel and Fox Sports channels. Disney already owns ABC, ESPN, Pixar movie studios and the Marvel and Star Wars film franchises.
The deal is expected to open up Disney to the direct-to-consumer streaming market for its ESPN and movie products.
Todd Chambers, the associate dean for undergraduate affairs in the College of Media & Communication and an expert in media economics and media management, is available to discuss the merger. He teaches classes on media economics and electronic media operations.
Todd Chambers, associate dean for undergraduate affairs, College of Media & Communication, (806) 834-5712 or email@example.com
College of Media & Communication at Texas Tech offers undergraduate degrees in various communications-related disciplines including:
The College also offers graduate degrees in communications to prepare students for careers in the communications industry, communications research and academia.Twitter