M&A Deal Summary

Walt Disney Acquires 21st Century Fox

On December 14, 2017, Walt Disney acquired media company 21st Century Fox for 66.1B USD

Acquisition Highlights
  • This is Walt Disney’s 6th transaction in the Media sector.
  • This is Walt Disney’s largest (disclosed) transaction.
  • This is Walt Disney’s 16th transaction in the United States.
  • This is Walt Disney’s 4th transaction in New York.

M&A Deal Summary

Date 2017-12-14
Target 21st Century Fox
Sector Media
Buyer(s) Walt Disney
Deal Type Add-on Acquisition
Deal Value 66.1B USD

Target

21st Century Fox

New York, New York, United States
website
Twenty-First Century Fox, Inc. is a premier portfolio of cable, broadcast, film, pay TV and satellite assets spanning six continents across the globe. Reaching nearly 1.5 billion subscribers in more than 100 local languages every day, 21st Century Fox is home to a global portfolio of cable and broadcasting networks and properties, including FOX, FX, FXX, FXM, FS1, Fox News Channel, Fox Business Network, Fox Sports, Fox Sports Network, National Geographic Channels, MundoFox, STAR, 28 local television stations in the U.S. and more than 300 channels that comprise Fox International Channels; film studio Twentieth Century Fox Film; and television production studios Twentieth Century Fox Television and Shine Group.

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Buyer(S) 1

Buyer

Walt Disney

Burbank, California, United States

website


Category Company
Founded 1923
Sector Media
Employees175,000
Revenue 82.7B USD (2022)
DESCRIPTION
Entrance to The Walt Disney Company's headquarters in Burbank, California.
Entrance to The Walt Disney Company's headquarters in Burbank, California.

Walt Disney is a diversified worldwide entertainment company. Walt Disney operates in five business segments. These include Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products and Interactive. The Media Networks segment includes international and domestic cable television networks, a domestic broadcast television network, television production operations, domestic and international television distribution, domestic television stations, domestic broadcast radio networks and stations, and publishing and digital operations. Walt Disney's Parks and Resorts segment owns, operates, or has in interest in theme parks, hotels, a cruise line and other properties in the US and Asia. The Studio Entertainment segment produces and acquires live-action and animated motion pictures, direct-to-video content, musical recordings and live stage plays. The Consumer Products segment designs, develops, publishes, promotes and sells a wide variety of products based on existing and new characters and other Company intellectual property. The Interactive segment creates and delivers branded entertainment and lifestyle content across interactive media platforms. Walt Disney was founded in 1923 and is based in Burbank, California.


DEAL STATS #
Overall 21 of 21
Sector (Media) 6 of 6
Type (Add-on Acquisition) 20 of 20
State (New York) 4 of 4
Country (United States) 16 of 16
Year (2017) 2 of 2
Size (of disclosed) 1 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-10 Euro Disney Associés S.A.S.

Chessy, France

Euro Disney SCA is a multi-day resort destination with something for everyone. Euro Disney specializes in the operation of Disneyland Resort Paris. The site included 2 theme parks Disneyland and Walt Disney Studios, 7 hotels, 2 convention centers, a golf course, and an entertainment center.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-03 The Walt Disney Company - 21 Regional Sports Networks & Fox College Sports

Burbank, California, United States

The Walt Disney Company - 21 Regional Sports Networks & Fox College Sports is the largest collection of RSNs in the marketplace today, with an extensive footprint that includes exclusive local rights to 42 professional teams consisting of 14 Major League Baseball (MLB) teams, 16 National Basketball Association (NBA) teams, and 12 National Hockey League (NHL) teams.

Sell $10.6B