Disney agrees £39bn deal for 21st Century Fox assets

Sale ends more than half a century of expansion by media mogul Rupert Murdoch

Walt Disney CEO Bob Iger with Mickey Mouse
Walt Disney CEO Bob Iger with Mickey Mouse
(Image credit: Drew Angerer/Getty Images)

The Walt Disney Company has agreed to buy select assets of 21st Century Fox in a $52.4bn (£39bn) deal that could reshape the media industry.

Media mogul Rupert Murdoch will sign over Fox’s 39% stake in broadcaster Sky to Disney, along with a host of other “significant assets” including “the studios that produce the blockbuster Marvel superhero pictures and the Avatar franchise, and TV shows such as The Simpsons”, says Reuters.

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