As the headlines flashed across Twitter earlier today – Disney might by Fox! – the easy first reaction was, ‘holy crap, is that really possible?
Ten — even five — years ago, such a deal would’ve been unimaginable for two reasons. Two of the biggest TV and movie companies on the planet wouldn’t be interested in merging when they still had the clout to beat each other’s brains in. Also, they wouldn’t be allowed to anyway, right? That would give one media entity way too much power.