Completion of Acquisition of 21st Century Fox

It is now official. After over a year of negotiating, approvals, declines, sales, and complicated paperwork, the wait it finally over. It is now confirmed that The Walt Disney Company will be purchasing the assets from 21st Century Fox. This deal has been planned out from over a year, dating back to December 2016.

The two competitors, which own similar content, however different audiences, will be under one roof effective as of March 20, 2019, at 12:02 AM, falling on the Spring Equinox date.

The remainder of 21st Century Fox which will not be purchased wholly by Disney will be split off into the newly-independent Fox Corporation, a holding company formed for this purpose. Fox Corporation will carry on the Fox Broadcasting Network, as well as their over-the-air television stations. Disney will also acquire the Fox Sports Regional Networks, which it must sell before a soon-to-be-given deadline.

With the assets going to Disney, they will gain the film rights to a multitude of Marvel characters, for use within the Marvel Cinematic Universe. Most of these ventures are located within films, created by Marvel Studios.

Instagram and Facebook Down

Today, it seems like many people will have to change their normal relaxation and entertainment habits. For the last few hours, Facebook Inc services not limited to Facebook, Instagram, and WhatsApp, have all been down.

During this outage, Instagram users are unable to have any access to their accounts from the website, leading to what is called a network error. For those who use the app, while it may allow you to use offline versions of their account, it does not permit for messages to be sent, posts to be posted, or stories to be uploaded. If a user were to sign out of their accounts during this time, they will remain locked out.

While we do not know how long the outage will last, it has been going on for a total of over three hours at the time of posting the article at 6:40 PM of March 13, 2019.