How Big a Boost Does Disney Derive From the Fox Deal?
In this segment of the Motley Fool Money podcast, host Chris Hill, Million Dollar Portfolio's Jason Moser and Matt Argersinger, and Total Income's Ron Gross give their views on the biggest media news in years: Disney's (NYSE: DIS) mammoth purchase of assets from Twenty-First Century Fox (NASDAQ: FOX) (NASDAQ: FOXA).
The entertainment powerhouse gets an array of properties that will mesh well in its empire, from the X-Men to The Simpsons, movie studios, the regional sports networks, the cable networks, and a stake in Hulu that will put them in control of the streaming service. They consider its pivot toward a more direct-to-consumer model, its expanded sports footprint, its long-term plans, and its efforts to stay relevant against Netflix. But the best news for investors, in their view, might be the planned extension of CEO Bob Iger's tenure by several years, which makes the search for his successor even more interesting. And what's next for Fox?
A full transcript follows the video.
Source: Fool.com
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