Murdoch's other company, News Corp, a prior iteration of Fox, still holds the family's cherished print news and global businesses, such Sky News Australia as well as influential Wall Street Journal, New York Post and Times of London publications.
The completion of the Fox deal comes almost a year after Disney won a bidding war against cable company Comcast Corp for the assets. "At a time of dynamic change in the entertainment industry, the combination of Disney's and Fox's unparalleled collection of businesses and franchises will allow us to create more appealing high-quality content, expand our direct-to-consumer offerings and worldwide presence, and deliver more personalized and compelling entertainment experiences to meet growing consumer demand around the world". That company will continue to operate Fox News, the Fox broadcast network and Fox Sports 1. It marks the companies officially becoming one a year after they first reached an agreement to merge in what would become a $71.3 billion deal.
Last April, Disney launched ESPN+, a $5-a-month sports streaming service that has already passed 2 million subscribers.
Fox News and Fox Business are now part of the newly created Fox Corporation.
Luis Suarez and Ivan Rakitic: Double trouble for Real Betis
Suarez limped off injured in the final minutes and Messi could have added a fifth, only for the post to rescue Betis . Lionel Messi netted the first goal in the 18th minute from a superb free-kick to give Barcelona the lead.
Disney's new assets also include the powerhouse Fox TV studio, responsible for hits such as "Homeland" on Showtime, "This Is Us" on NBC and "Empire" on the Fox network. This is Disney's world now, and we're just living in it.
Disney's acquisition of 21st Century Fox should wrap and today and the whole thing a done deal by Wednesday morning.
Disney, in many respects, appears uniquely suited to capitalize on such an environment, having assembled through previous acquisitions an arsenal of brands with the most avid followings in pop culture, including "Star Wars", Marvel and Walt Disney Animation and Pixar Animation Studios.