Sen. Amy Klobuchar (D-Minn.) referred to the deal as,
“…another industry-changing merger, which would have major implications in television, film, and media.”
“I’m concerned about the impact of this transaction on American consumers.”
The report says that Klobuchar asked Sen. Mike Lee (R-Utah), who chairs the subcommittee, and Sen. Chuck Grassley (R-Iowa), who chairs the Judiciary Committee, to schedule a hearing – but none are set so far.
Rep. David Cicilline (D-R.I.), the ranking member of the House Judiciary’s antitrust subcommittee, called for a close look at the transaction – and called it a monopoly moment, before adding:
“Disney’s proposed purchase of 21st Century Fox threatens to put control of TV, movie, and news content into the hands of a single media giant. If it’s approved, this merger could allow Disney to limit what consumers can watch and increase their cable bills. Disney will gain more than 300 channels, 22 regional sports networks, control over Hulu, and a significant portion of Roku.”
“The president spoke with Rupert Murdoch earlier today, congratulated him on the deal and thinks that, to use one of the president’s favorite words, that this could be a great thing for jobs,” she said. “And he certainly looks forward to and is hoping to see a lot more of those created.”
This should definitely get a lot of strong reactions from fans everywhere – but what doesn’t these days? Even if it does, however, I don’t really see anything preventing the deal from going down.
While it is a scary prospect for one company to have so much power, as long as Disney keeps producing quality content that enough fans enjoy – people aren’t going to complain about it. Well. There might be a few people complaining about something in a comment section somewhere.
What do you think of the deal? Do you feel good about Disney having control over so much? Be sure to tell us your thoughts in the comments!