https://phys.org/news/2018-11-eu-disney-fox-assets.html

Disney's $71.3 billion deal to buy the 21st Century Fox assets, which include Marvel's X-Men and Avengers franchises, is part of its plan to compete with tech companies such as Netflix and Amazon as the entertainment industry moves into the digital streaming era.

Disney shareholders and U.S. regulators had already approved the Fox bid.