The Guardian has a report teasing some announcements that are likely to be made tomorrow when the Disney-Fox deal comes to the forefront
From what I can gather, this is basically a news meda-non news media split. Rupert (and son Lachlan) will retain the remains of 21 Century Fox that don't go to Disney (probably rebranded under the "News Corporation" banner that holds the print interests), the Print business (Newspapers including The Times (london), The Wall Street Journal, The Australian and more, plus book publisher HarperColins), Fox News, Fox Sports, Fox Business, and the 28 terrestrial tv channels that Fox owns and operates.
Everything else, including potentially his son James, goes to Disney. The cable networks (FX, Nat Geo), Sky UK (which killed ESPN here), Star India, the film and TV studios, and more. Some of these would get Disney into businesses that they don't currently play in, such as the Sky UK News channel, so this could result in a very different Disney to the one we know today.
I'd expect this is going to be a tough deal to get past the regulators. If we presume that the US government is acting in good faith in trying to block the AT&T/Time Warner merger, then it would be difficult for them not to oppose this deal given the competition concerns are much clearer.
That said, I'd rather Disney own Sky than Rupert. Even if James is on the board.Tweet
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