Disney’s $71 billion deal to buy most of 21st Century Fox will take effect on Wednesday,March 20, the companies said Tuesday morning. It will be an epochal event in the entertainment business — the merging of two film studios and the halt of Fox as we all knew it. Staffers at the 20th Century Fox studio are bracing for layoffs and other substantial changes. Disney is picking up the studio, and a controlling stake in Hulu,a suite of entertainment […]
Source: q13fox.com