3 Ways Fox Will Reshape Disney's Theme Parks
The long seductive dance between Twenty-First Century Fox (NASDAQ: FOXA) (NASDAQ: FOX) and Disney (NYSE: DIS) finally has some paperwork. The all-stock deal will bring a lot of assets to the House of Mouse, and while most of the chatter centers around Marvel theatrical licenses, the regional sports networks, and what will be a controlling stake in Hulu, there are a lot of moving parts to this transaction.
Twenty-First Century Fox content will naturally broaden the reach of Disney's cable and content properties, but this deal also will affect the company as the world's leading theme park operator. Disney's theme parks and resorts segment was the only division to grow its revenue and operating profit in fiscal 2017, and this deal will make Disney's second-largest business even better.
Image source: Disney.
Source: Fool.com