The Simpsons

Disney buys Fox entertainment assets in $52.4 billion deal that shakes up entertainment, media worlds

Disney buys Fox entertainment assets in $52.4 billion deal that shakes up entertainment, media worlds

Disney is buying the Murdoch family's Fox movie and television studios and some cable and international TV businesses for about $52.4 billion, as the home of Mickey Mouse tries to meet competition from technology companies in the entertainment business.

Disney's all-stock deal for 21st Century Fox gives it the studios that produce the Avatar movies, "The Simpsons" and "Modern Family," though Murdoch will form a new company to keep the U.S. television networks, including Fox News Channel, Fox Business Network and Fox Broadcasting. "The Simpsons" will continue to air on Murdoch's Fox stations. The deal also brings Marvel characters such as X-Men and The...

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