Disney buys Fox’s studios and cable TV channels for $52 billion

The Disney conglomerate adds the Fox movie and TV studios (including big-name franchises like X-Men, Avatar,Alien and The Simpsons), majority control of Hulu, FX cable networks and $13.7 billion in debt. On top of that, Fox is attempting to acquire the parts of UK’s Sky that it doesn’t already own, and if that’s successful then Disney will get it too. – Richard Lawler, Engadget http://engt.co/2BnR4z2