• A Disney+ streaming service sign is pictured at the D23 Expo, billed as the 'largest Disney fan event in the world,' at the Anaheim Convention Center in Anaheim, California, in August. Walt Disney Co. said Wednesday it signed up 10 million subscribers for Disney+ within a day of launching its new streaming television service. | AFP-JIJI
    A Disney+ streaming service sign is pictured at the D23 Expo, billed as the "largest Disney fan event in the world," at the Anaheim Convention Center in Anaheim, California, in August. Walt Disney Co. said Wednesday it signed up 10 million subscribers for Disney+ within a day of launching its new streaming television service. | AFP-JIJI

  • Reuters

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SAO PAULO – Brazil’s antitrust regulator said on Wednesday it will reassess Walt Disney Co’s (DIS.N) $71 billion purchase of Twenty-First Century Fox (FOXA.O) because the divestiture requested by the regulator as a condition for the merger of U.S. media companies has not happened yet.

“The deal approved in February was contingent on the sale of the Fox Sports channel. As the sale was not finalized, the case will be re-examined,” the regulator known as “Cade” said in a statement.

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