First story is about a major media business deal in the U.S. Disney plans to buy 21st Century Fox. The deal is significant partly because of its size. These companies are known worldwide and they`re two of the biggest players in Hollywood.

头条新闻。美国迪士尼公司计划收购?？怂?。这笔交易之所以重要，部分原因在于它的规模。这些公司在全世界都很有名，是好莱坞最大的两家公司。

Disney owns the Disney Studios, stores, theme parks and cruise line. It owns TV channels like ESPN and it has part of the Internet streaming service Hulu. Under the Fox umbrella, there are sports networks, the FX networks, National Geographic, hundreds of international channels and also part of Hulu.

迪斯尼拥有迪斯尼工作室、商店、主题公园和游轮。它拥有像ESPN这样的电视频道，并拥有部分互联网流媒体服务Hulu。而福克斯，有体育网、FX电视网、国家地理频道、数百个国际频道，也有Hulu的一部分。

And streaming entertainment is the big reason why Disney is spending $52.4 billion on Fox. It wants to expand its content online to better compete with rival companies like Netflix. In fact, Disney is taking its products off Netflix as Disney prepares to launch its own Internet streaming service. What`s not part of the deal: Fox News Channel, Fox Business Network and Fox Sports. They`ll be separated and formed into a new company.

而流媒体娱乐是迪士尼斥资524亿美元收购?？怂沟淖畲笤颉ＫＭ谕侠┐笃淠谌?，以便更好地与像Netflix这样的竞争对手竞争。事实上，迪士尼公司正准备推出自己的网络流媒体服务。?？怂剐挛牌档馈⒏？怂股桃低透？怂固逵济挥胁斡胝庖唤灰?。这些将会被重新分开，形成一个新的公司。

When will all this happen? The deal is expected to take at least a year to go through, if it goes through. If first has to be approved by the U.S. government, which will consider whether the new company would have too much control over the market and what consumers pay.

交易什么时候进行呢?这笔交易预计至少需要一年的时间。若要得到美国政府的批准，美国政府需要考虑新的公司是否会过多控制市场以及消费者的收入。

First story is about a major media business deal in the U.S. Disney plans to buy 21st Century Fox. The deal is significant partly because of its size. These companies are known worldwide and they`re two of the biggest players in Hollywood.

Disney owns the Disney Studios, stores, theme parks and cruise line. It owns TV channels like ESPN and it has part of the Internet streaming service Hulu. Under the Fox umbrella, there are sports networks, the FX networks, National Geographic, hundreds of international channels and also part of Hulu.

And streaming entertainment is the big reason why Disney is spending $52.4 billion on Fox. It wants to expand its content online to better compete with rival companies like Netflix. In fact, Disney is taking its products off Netflix as Disney prepares to launch its own Internet streaming service. What`s not part of the deal: Fox News Channel, Fox Business Network and Fox Sports. They`ll be separated and formed into a new company.

When will all this happen? The deal is expected to take at least a year to go through, if it goes through. If first has to be approved by the U.S. government, which will consider whether the new company would have too much control over the market and what consumers pay.