Mexico backs Disney-Fox deal, orders sale of Fox Sports channels

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Mexico backs Disney-Fox deal, orders sale of Fox Sports channels
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Mexico's telecoms regulator said on Tuesday it had approved the Walt Disney...

A screen shows the logo and a ticker symbol for The Walt Disney Company on the floor of the New York Stock Exchange in New York, U.S., December 14, 2017. REUTERS/Brendan McDermid

The Federal Telecommunications Institute said because the combined audiovisual content of the two in the field of “factual” programming on pay TV would be worth more than 40 percent of the market, steps would need to be taken.

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