Disney closes its $71.3B Fox acquisition

As of 12:02am Eastern today, Disney has closed its acquisition of 21st Century Fox .
The goal of the enormous deal is to help Disney position itself for a streaming-centric future. The company has already taken a step in that direction with the ESPN+ streaming service, and it has plans to launch another service called Disney+ later this year, which will include new shows based on the Star Wars and Marvel universes, as well as Disney’s entire movie library.
With the Fox acquisition, Disney