Los Angeles Times

Disney-Fox deal fallout: Hollywood braces for big changes

Moments after putting the finishing touches on its landmark $71.3-billion takeover of 21st Century Fox entertainment assets, Walt Disney Co. on Wednesday began the arduous process of combining two massive organizations.

"I wish I could tell you that the hardest part is behind us; that closing the deal was the finish line, rather than just the next milestone," Disney Chief Executive Bob Iger said in an email welcoming Fox employees into Disney. "What lies ahead is the challenging work of uniting our businesses to create a dynamic, global entertainment company with the content, the platforms, and the reach

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