Here's why Disney wants to buy Murdoch’s Fox and Sky
When news broke last month that Walt Disney was in talks to buy a large part of 21st Century Fox, the first question many investors had was, why are the Murdochs selling? Then came the second: Why is Disney buying?
The $50bn (€42.4m) deal, which could be announced this week, would mark a significant turning point in the empire-building career of Fox’s founder and executive chairman, 86-year-old Rupert Murdoch.