Disney gains Brazil clearance for 21CF takeover, must sell Fox Sports channel

Thursday 28 February 2019 | 15:11 CET | News
Brazil's Economic Defense Administrative Council (Cade) approved the acquisition of 21st Century Fox by The Walt Disney Company, with the condition the company sell the Fox Sports channel. According to the Cade's evaluation, the operation would have left the segment of pay-TV sports channels even more concentrated, with a high probability of Disney exercising market power. The sale of the Fox Sports channel will allow the market structure to remain unchanged, with the continuity of three options of sports channels for consumers: SporTV from GloboSat, Disney's ESPN and another new company with

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Categories: Broadcast & Satellite
Companies: 21st Century Fox / Disney / ESPN / The Walt Disney Company
Countries: Brazil
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