The Acquisition of 21st Century Fox by Disney is a major media merger that was announced in December 2017. The deal, which was valued at $71.3 billion, saw Disney acquire the majority of 21st Century Fox's assets, including its film and television studios, cable entertainment networks, international TV businesses, and a 30% stake in Hulu. The acquisition also included Fox's 39% stake in Sky plc, a European satellite television provider. The deal was completed in March 2019.