InDaily

Adelaide's independent news

Support

Rupert Murdoch

Get InDaily in your inbox. Daily. The best local news sent straight to your inbox every workday at lunchtime.

Thanks for signing up to the InDaily newsletter.

Walt Disney chief executive Bob Iger (left) and Fox owner Rupert Murdoch. Photo: EPA/The Walt Disney Company
Business

Murdoch insists Disney deal is a "pivot", not a retreat

UPDATED | Walt Disney Co has struck a deal to buy film, television and international businesses from Rupert Murdoch’s Twenty-First Century Fox for $US52.4 billion ($A73.4 billion) in stock, giving the world’s largest entertainment company an arsenal of shows and movies to combat digital rivals Netflix and Amazon.

1