With The Purchase Of 21st Century Fox, A Leader Defines His Legacy At Disney

And wow, is this deal going to affect everything in Hollywood. "The film business has not seen significant consolidation in generations — perhaps not since 1935, when 20th Century Pictures and Fox Film merged to form 20th Century Fox, going on to deliver classics like 'How Green Was My Valley,' 'The Sound of Music' and 'Wall Street.' Now that Disney is a content colossus, analysts expect a wave of Hollywood mergers, as companies like Viacom, CBS, Sony, Lionsgate and Metro-Goldwyn-Mayer look to gain scale."

Article source here:Arts Journal