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"One Year Later: The Shocking Consequences of the Fox-Warner Bros. Merger That Led to Jeff Zucker's Dismissal"

Published: 04-02-2023 17:37

Introduction
One year ago this week, former Fox boss Jeff Zucker was shown the door as part of a long-planned merger between Fox and Warner Bros. Discovery. After the merger, the combined company would be under the control of Warner Bros. Discovery, creating one of the biggest media conglomerates in the world. In this tutorial, we'll take a look at how the merger came about and what it meant for Fox and Zucker.

Background on the Merger
The merger between Fox and Warner Bros. Discovery had been in the works since 2017 when Rupert Murdoch's 21st Century Fox announced that it would be selling off most of its entertainment assets to Disney. As part of the deal, Disney acquired Fox's movie studio, television production studios, TV networks, and other assets while 21st Century Fox retained its news properties such as Fox News Channel and Fox Business Network along with its sports networks like FS1 and FS2.

Afterward, 21st Century Fox began looking for a new partner to help shape its future in media. That's when they turned to Warner Bros., owned by AT