This acquisition is so vast it's almost unfathomable. $71.3 billon is an utterly ridiculous sum, yet it guarantees Disney an almost complete monopoly of the mainstream creative industries, effectively anihilating all competition, and also putting them head to head with Netflix for domination of paid for video streaming.
This change has enormous implications. The world's media is now held in even fewer hands, and both David Hesmondhalgh and Curran and Seaton warn of the issues of having media in the hands of a few individuals and the lack of creativity and audience interaction that it presents.
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| Image via IGN |