business

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Superheroes swoop to boost Hollywood but Netflix shadow looms

While US box office grew about 9%, summer attendance figures are the second worst since 1992 A case of superheroes to the rescue in the form of Disneys Avengers: Infinity War and Incredibles 2 has fuelled the biggest boost to the US summer box office in more than a decade. However, Hollywood bosses have been

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Disney Buys Fox Assets in $52 Billion Split of Murdoch Realm

Walt Disney Co. agreed to a $52.4 billion deal to acquire much of the global empire that media baron Click here to read more about why Iger wants Fox’s assets. The sale marks an epic downsizing for Murdoch, an 86-year-old former Australian who spent his adult life amassing the assets that made him a kingmaker