The , finalized on March 20, 2019 , remains one of the largest and most influential mergers in media history. This strategic move was primarily driven by Disney's desire to bolster its content library for the launch of its streaming service, Disney+ , and to gain a controlling stake in Hulu . The Deal at a Glance
To secure a massive content library to compete with tech giants like Netflix and Amazon in the "streaming wars". Key Assets Acquired by Disney
$71.3 billion (increased from an initial $52.4 billion offer after a bidding war with Comcast).
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disney buys fox