20 Feb Disney-Fox Will Profit From Deal, But Only After Streaming Spending Spree [Deadline]
By Dade Hayes
February 19, 2019 | When Disney’s $71.3 billion deal to acquire most of 21st Century Fox closes in the coming weeks, the combined company will remain an appealing target for investors, but only those willing to indulge hefty near-term spending on direct-to-consumer streaming.
That’s the basic takeaway from a new research report by Macquarie analysts Tim Nollen and Stephen Beckett.
Read more on Deadline.