Disney Pays Billions For Fox's Big Names

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News video: Disney Pays Billions For Fox's Big NamesBob IgerBob IgerWalt DisneyWalt DisneyRupert MurdochRupert Murdoch
The Walt Disney Co.

wants Bart Simpson, the "X-Men" and the National Geographic Channel, and on Thursday confirmed that it will pay $52.4 billion to buy them and other big-name brands and programming from Rupert Murdoch's 21st Century Fox.

Disney is hoping to own as much entertainment and sports as it can, and then deliver it on television channels, in movie theaters and, most important, on its direct-to-consumer streaming video system..

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Transcript: Disney Pays Billions For Fox's Big Names

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