Disney Buys Most of Fox
July 27th, 2018Via: Los Angeles Times:
Walt Disney Co. and 21st Century Fox Inc. shareholders on Friday overwhelmingly approved Disney’s proposed $71.3-billion takeover of much of Rupert Murdoch’s 21st Century Fox — a milestone in a merger that is expected to dramatically reshape the entertainment industry.
Meanwhile, in Australia, the Sydney Morning Herald has just been bought out by the habitually scum sucking bottom-feeding commercial TV station Channel 9. Reminds me of the depressing news of John Howard’s re-election.