Tuesday, March 23, 2021

Two years after the approval of the merger, Disney has not been able to sell Fox Sports in Mexico

Mediapro, Prisa, AT&T, América Móvil, Grupo Multimedios, Televisa and Grupo Lauman were considered among the possible buyers. The IFT had forced the disengagement because a 70-80% control of the audience would affect the offer and the prices of the contents, and this could not be counteracted by other competitors.

The deadlines for Disney to sell Fox Sports have been suspended since March last year, when the Instituto Federal de Telecomunicaciones (IFT) (Telecom mregulator) decided to stop the calendar with which it counted the elapsing of the days of the extension it had granted Disney to sell Fox. This extension in turn was the consequence of the fact that in the first six months after the approval of the merger between Disney and 21st Century Fox in Mexico, the former had not managed to sell the sports channels.

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