Disney snap up slice of Murdoch empire with £39bn takeover of 21st Century Fox entertainment assets

Broadcasting giant Sky is set to have a new owner after Walt Disney sealed a $52.4bn (£39bn) takeover of 21st Century Fox’s entertainment assets.

Broadcasting giant Sky is set to have a new owner after Walt Disney sealed a $52.4bn (£39bn) takeover of 21st Century Fox’s entertainment assets.

The move will see Disney snap up a significant slice of Rupert Murdoch’s media empire, including its film and television studios, cable entertainment networks and international TV businesses such as its 39% stake in Sky.