BURBANK, CALIFORNIA -- The long-rumored Fox-Disney merger was made official Wednesday, as Disney closed on its purchase of much of Rupert Murdoch’s media empire. The $73.1 dollar “merger” – more accurately described as an acquisition – continues a worrying trend of media consolidation and gives Disney control and ownership over a historic 35 to 40
Bad News for The News: The Fox-Disney Merger Again Shortens the Media Menu
The consolidation of two media empires is a disaster for those who want a diverse, independent media.