MASS Layoffs As Disney Buys 21st Century Fox! – WHY This Matters

Josh Sigurdson reports on the massive merger of Disney with 21st Century Fox and what it means for the rest of us as the spread of information becomes more and more difficult.
21st Century Fox, related to 20th Century Fox, its partial namesake which has itself many assets was bought up by Disney for 71 billion dollars as of March 20th, 2019.
As the monopolies and duopolies get bigger it becomes more and more clear that the narrative of those independently producing information for the public is getting more heavily restricted. It also becomes clear that despite these companies all heading towards total bankruptcy as they lose vast amounts of their audience and attempt to financialize their corporations, they are doing whatever they can in their power to push off the inevitable.
The stock market is bubbled to ridiculous levels, the derivatives bubble worldwide is multi-quadrillion dollars. As this entire everything bubble comes crashing down while people look elsewhere for information, they massive conglomerates are doing whatever they can to keep peoples’ eyes on them and wallets empty.
So how will this affect independent media?

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Video edited by Josh Sigurdson

Josh Sigurdson

Graphics by Bryan Foerster and Josh Sigurdson

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  • E.L.Dorado

    Disney is evil like Google.
    Pretty soon they will get be getting rid of Jeanine Pirro permanently as well as others that don’t push globalism.

  • Dee Bow 08

    The fake news will NEVER be better than on the line NEWS MEDIA;…No matter what they do. Most ppl would rather not watch tv at all..I’m one of them.

  • Gonzalo Bernal

    You sound like a loser. A right-wing loser. Only you would see this as a negative and keep talking about Doom when it’s obvious that this is success. Garbage is what you’re spewing out of your mouth right now. LOL babbling on.? And who is we? Evangelical Neo right wing? To be honest you are the brainwashed student who tries to speak like a pundit of an asshole. Nobody cares about your doom because it actually means the uplifting of everyone else in the world. No one gives a fuck about your lifestyle. And it’s unchristian no matter how much you wish it was and definitely not capitalist just oligarchy in importance without you need to know, that’s what you want to be a part of…. lol

    we? lol gtfo

    your pompous like pontus

  • Website guy

    Get your own website to run simultaneiously. Get email adresses from your followers and send a letter every month or quarter . If they cancel you we can find your website.

  • Crows 2332

    Fox are offloading Disney/TV and movie side of things with a perfect timing! Before the sick crimes come out about many of the actors/directors and other hollyweird people!

  • elainemarietta

    I  read that Mr. Murdoch will retain Fox News. his crown jewel  and a few other assets and formed new companycalled Fox Corporation headed by one sonof Rupert Murdoch and Paul Ryan joined  Boardof Directors.

  • No Hope Equals no fear

    Disney gets 1/3 of their profits from espn. And espn is doing some massive self emulationing🌋♨️

  • No Hope Equals no fear

    How is it, ny times, disney and at&t are still in business? They slap around their customers like their slaves . Cord cutting never ever needed to happen.
    They lose 10,000 subscribers per day. Do the math. In 5 years, disney, comast, etc… wont be around

  • No Hope Equals no fear

    Lay off bob iger, string up michael eisner.
    I new disney was finished when they had to acquire pixar. That was a HUGE sign of weakness

  • No Hope Equals no fear

    WAM is part of their problem. People like me used to watch Bloomberg, wsj, and cnn. Now I watch zerohedge, WAM, & infowars.

  • No Hope Equals no fear

    You feel bad for “some” of these people????🤨🤨🤨🤨, you better get your mind right!!!
    Were at war with propaganda😬😬😬😬😬

  • Jose M

    “They call it the American Dream because you have to be asleep to believe it”
    -George Carlin

    Sounds like now the dream is taking place in Fantasy Land. Good luck.

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