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  • Los Angeles Times

    After Disney-Fox deal, smaller media firms must grow or struggle.

    by Meg James And Ryan Faughnder, Los Angeles Times Dec 21, 2017 5 minutes

    LOS ANGELES - Walt Disney Co.'s blockbuster deal to buy much of 21st Century Fox revealed Rupert Murdoch's fear that his media company was not strong enough to survive the digital onslaught - raising questions about how even smaller media companies will weather the storm.

    Since Disney clinched its $52.4-billion deal last week to buy some of Murdoch's most lucrative assets, many wonder which media companies might be next.

    The scramble to bulk up is likely to force medium-sized players to strike their own deals out of concern that they need to grow or get left behind as tech giants such as Netflix gain more power in Hollywood.

    Sony Pictures Entertainment, CBS Corp., Viacom Inc., Liberty Media Corp., Lionsgate and Metro-Goldwyn-Mayer suddenly look like bantamweights among the behemoths.

    "There's going to be considerable pressure for the smaller

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