Disney Officially Owns 21st Century Fox
The $71 billion deal strengthens Disney's portfolio and gives it even more leverage to compete against other streaming powerhouses.
Homer Simpson probably won't become the newest member of the Avengers, but anything's possible now that Disney owns 21st Century Fox.
One year after the Walt Disney Co. announced the $71.3 billion merger, it's official. The deal, which closed Wednesday at 12:02 a.m. Eastern time, reshapes the media landscape and makes Disney an even greater entertainment behemoth. In
