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The Walt Disney Company announced Thursday a deal to acquire many parts of Twenty-First Century Fox for 52.4 billion U.S. dollars in stock.
华特迪士尼公司周四宣布,与21世纪福克斯公司达成一项协议,以524亿美元价格收购后者多数股份。
The deal has a total value of approximately 66.1 billion dollars, with Disney assuming 13.7 billion dollars of Fox's net debt.
The transaction will include Fox's film and television studios, cable entertainment networks and international TV businesses.
In addition, popular entertainment properties including X-Men, Avatar, The Simpsons, FX Networks and National Geographic1 to join Disney's portfolio2.
The acquisition of Twenty-First Century Fox's entertainment properties will strengthen Disney's repertoire3 which already has some popular titles including its animated4 features, "Marvel5" and "Star Wars" films.
The deal came four months after Disney announced its plans to launch a branded direct-to-consumer streaming service in 2019 and remove its movies from Netflix.
Disney has not hinted on the subscription6 price of its upcoming streaming service but said it will be substantially below Netflix's price, gaining a competitive edge against the latter, according to media reports.
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