IMAX CEO on Disney, 21st Century Fox merger

Mergers and Acquisitions FOXBusiness

Disney and 21st Century Fox acquisition: How it will shake up Hollywood

The state of Hollywood is shaking up; Disney announced plans to acquire parts of 21st Century Fox. Here's a look at what that means for the consumer and impact on entertainment streaming services like Netflix and Hulu.

Developing: IMAX CEO Richard Gelfond joins FOX Business’ Liz Claman at 3 p.m. ET during ‘Countdown to the Closing Bell’ to discuss the new Star Wars film and how the Disney and 21st Century Fox deal could change the film industry.

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On Thursday, 21st Century Fox inc. announced that it will sell select entertainment assets to Disney for $52.4 billion in stock creating a new company called ‘Fox’ that will house Fox News, FOX Business and Fox Sports.

 

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