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Hit the hammer! Cade approves the merger between Disney and FOX in Brazil and demands the sale of a sports channel



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On Wednesday (27), the management board for economic defense (Cade), according to a forecast, already announced, approved the merger between Disney and FOX in Brazil. The company also found that the US group sold FOX Sports channels with 4 votes in favor and 2 against.

The requirement to approve the deal was to sell the sports transmitter in its entirety. This means that the ones they will buy will also have transfer rights with 11 sports leagues, real estate, equipment of 200 employees and contracts with pay-TV operators.

Cade's consultant Paulo Burnier da Silveira has compiled a list of requirements for the commercialization of FOX Sports. Disney will not be allowed to participate in future signatures of FOX Sports tournaments. This includes the Conmebol Libertadores and the Europa League – the latter, which was already the ESPN channel, owned by Walt Disney.

In addition, the FSX Sports Officer will be forbidden to hire a FOX Sports employee for a limited period of time or to obtain the current features of the station. For completion, the future channel carrier can use the "FOX Sports" trademark free of charge for free.

According to the Privacy PolicyBy the end of 2020, Disney will sell FOX sports channels – just over a year and a half. If you can not complete a business during this time, you must pay a million rupees fine.

During the review process, Cade would consult with some companies to find out the interest in buying. And according to the agency, it was interesting. Without mentioning what they were, the board was looking for the following companies: Turner, Discovery, Viacom, Sony, Simba, RedeTV !, Recording, SBT and Band. The buyer can come out of this group of companies, but it can not be Globosat.

What kind of company do you want to buy FOX Sports from Disney? Do not hesitate to comment with us!

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