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Mergers and Acquisitions
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IMAX CEO on Disney, 21st Century Fox merger

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. Video

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.

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.