A long-rumored deal for Disney to acquire many of the assets of 21st Century Fox became official Thursday morning when the two companies officially announced the sale.
Pending approval by regulators, Disney would acquire the 20th Century Fox movie and TV studio (though not the actual lot where its soundstages are), 21st Century Fox’s cable channels and more. Fox — or, more likely, a new company created to house the remaining assets — would keep the FOX broadcast network, the local TV stations it owns and a few other pieces.
TV by the Numbers will have more on how the transaction — valued at $52.4 billion, plus Disney’s assumption of some Fox debt — might reshape the TV landscape later. For now, here’s a look at which pieces of Fox are going to Disney and which aren’t.
What Disney gets
- The 20th Century Fox studio business. The studio produces 36 current TV series ranging from “Modern Family” to “The X-Files” to “This Is Us” to “The Simpsons,” and its film business includes the “X-Men” franchise, James Cameron’s “Avatar” sequels and specialty divisions Fox Searchlght and Fox 2000. Disney will also own the extensive TV and movie libraries from the studio.
- Cable channels FX, FXX, FXM and National Geographic.
- 22 regional sports networks that have local telecast rights to numerous Major League Baseball, NBA and NHL franchises.
- Fox’s 30 percent stake in Hulu, which will give Disney majority control over the streaming service. Comcast (30 percent) and Time Warner (10 percent) are minority owners.
- Stakes in international TV providers Sky (U.K.) and Star (India).
What Fox keeps
- The FOX broadcast network. Federal regulations prohibit one company from outright ownership of more than one broadcast network; Disney already owns ABC.
- 28 owned-and-operated local TV stations.
- Cable channels Fox News, Fox Sports 1 and 2, Fox Business and the Big Ten Network.
- The 20th Century Fox studio lot in Los Angeles.