Disney's acquisition of Fox officially closes Wednesday — and it will reshape two of Hollywood's major studios
Los Angeles Like any marriage, Disney and Fox will have to figure out how to mesh what each brings to their new union. It's just that the corporate wedding of Mickey Mouse's sprawling media empire and the entertainment assets that were built under Rupert Murdoch have $71 billion worth of stuff to combine.
The long-gestating acquisition officially closes March 20, and in the process reshapes two of Hollywood's major studios. The assets that Murdoch keeps provide a leaner, more focused entity built around the Fox broadcast network, Fox News Channel and Fox Sports. That company will live on as the Fox Corporation .
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