Disney was recently in talks to buy 21st Century Fox, with the exception of its news and live-sports divisions, according to reporting by CNBC. The negotiations are not currently active (they may resume), but the simple fact that two of the country’s largest entertainment conglomerates are discussing a partial merger is a significant development for the TV and film industry, where legacy companies are pushing back against the inexorable rise of Netflix’s global business.
Read more at The Atlantic