Friday, December 5, 2014

http://deadline.com/2014/12/fox-tv-studios-fox-21-merger-plans-dana-walden-1201309296/

This week I read an article about how Fox is expanding its horizons by creating a new television studio by  merging the operations of divisions Fox 21 and Fox TV Studios under president Bert Salke. According to Dana Walden, the merger is not going to layoff employees as the merger was "inevitable" and its purpose is to create a "more successful organization."

I chose this article because I found it interesting that a big name Studio like Fox is merging with another company. This article is important because not to often do companies merge; when they do however, there is a reason why. Whether it be because of financial issues or because of competition between the two companies for customers there is a reason for this merger. This shows me, as a student, that teaming of with your competitors or rivals to for a team, can be a good decision. As a consumer this makes me wonder how the merger will affect the company's products. This article also makes me wonder is there really aren't going to be layoffs; mergers often mean layoffs. Why all of a sudden did the two companies decide to merge?

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