The deal combines 2 of Hollywood’s 6 major film studios under one roof.
Verizon and Comcast were also pursuing the deal.
Below is how the deal compares to past Hollywood mergers:
The remaining Fox company will be spun off with assets including:
1) Fox News
2) Fox Business cable news networks
3) FS1 cable sports channel
4) The Big Ten Network
5) 28 local TV stations
6) Fox broadcast network.
Updated Hulu ownership:
1) Disney: 60%
2) Comcast: 30%
3) Time Warner: 10%