Disney now owns the Universe, well at least the Marvel Universe now, alongside the Simpsons, Buffy the Vampire Slayer and the 1st Star Wars.
Disney now owns 21st Century Fox Inc and with that also owns a whole heap of Movie Characters and more importantly the Simpsons. 20 Years ago the Simpsons included a prediction that Disney would in the end own 21st Century Fox.
The deal see Disney now also own the first ever Star Wars Movie (A New Hope) which Fox had owned the rights to.
The House of Mouse also now owns the entire back catalogue of movies and TV shows to add to its upcoming Disney Plus Streaming service which will rival Netflix.
Twenty-First Century Fox, Inc. (“21CF”) (NASDAQ: TFCFA, TFCF) announced that it has today completed the distribution of all issued and outstanding shares of Fox Corporation (“FOX”) common stock to 21CF stockholders (other than holders of the shares held by subsidiaries of 21CF) on a pro rata basis (the “Distribution”).According to an official press release from 21st Century Fox:
21CF and FOX are now each a standalone, publicly traded company. FOX Class A common stock and FOX Class B common stock are now listed on the Nasdaq Global Select Market (“Nasdaq”) under the symbols “FOXA” and “FOX,” respectively.
21CF Class A common stock and 21CF Class B common stock, which were formerly listed on Nasdaq under the symbols “FOXA” and “FOX,” respectively, are now listed on Nasdaq under the symbols “TFCFA” and “TFCF,” respectively.
The Walt Disney Company’s (“Disney”) acquisition of 21CF will become effective at 12:02 a.m. Eastern Time tomorrow, March 20, 2019.