According to the Wrap, Fox will sell its 39% ownership in U.K. media giant Sky.
The stake is currently estimated to be worth more than $15 billion.
Disney, which will soon take over as Fox parent company, has agreed to sell the lot to Comcast.
Disney plans to use the funds to expand its Disney-streaming service launching in late 2019.
It will also invest in ESPN+ sports streaming service, and Hulu?s content and international distribution.
?Along with the net proceeds from the divestiture of the RSNs, the sale of Fox?s Sky holdings will substantially reduce the cost of our overall acquisition and allow us to aggressively invest in building and creating high-quality content for our direct-to-consumer platforms to meet the growing demands of viewers.? Bob Iger Disney CEO.
26-09-2018 - Vidéo