Posted on 07/20/2022 8:08:55 PM PDT by jeannineinsd
Free Walt Disney!
Shareholders need to sue...
21st Century Fox emerged from the 2013 split of News Corp., the sprawling publishing and entertainment empire owned by media mogul Rupert Murdoch. In the breakup, the publishing arm of the company retained the name News Corp. (NWS) while the entertainment division, including the 20th Century Fox studio, was spun off into a separate company named 21st Century Fox.5
When Disney acquired the company in 2019 for $71 billion, the entertainment business was renamed TFCF Corp., and many of the news assets were spun off into a new, separately owned public company called Fox Corp. (FOX). Through that series of deals, Disney became the owner of a basket of prized global franchises, including the 20th Century Fox film and TV studios, cable networks FX and National Geographic, international TV business Star, and a 30% interest in Hulu LLC. Disney also retained perpetual rights to certain Fox brands, including 20th Century Fox and Fox Searchlight.6
Those who run Disney should kill themselves and get it over with. Their existence is disgusting to the average person.
I’m surprised the Walt Disney animation department hasn’t created a new speech with Walt Disney’s likeness spouting wokeness of the current corporate BoD.
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