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First story is about a major media business deal in the U.S. Disney plans to buy 21st Century Fox. The deal is significant¹ 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 cruise² 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 Geographic³, 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 rival⁴ companies like Netflix. In fact, Disney is taking its products off Netflix as Disney prepares to launch⁵ 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. It 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.

1 significant   

adj.相当数量的；意义重大的；意味深长的

参考例句：

• Your success today may be significant for your whole future.你今天的成功对你的整个未来可能是重要的。
• She cast him a significant smile.她向他投去意味深长的一笑。

2 cruise   

v.巡航，航游，缓慢巡行；n.海上航游

参考例句：

• They went on a cruise to Tenerife.他们乘船去特纳利夫岛。
• She wants to cruise the canals of France in a barge.她想乘驳船游览法国的运河。

3 geographic   

adj.地理学的，地理的

参考例句：

• The city's success owes much to its geographic position. 这座城市的成功很大程度上归功于它的地理位置。 来自《简明英汉词典》
• Environmental problems pay no heed to these geographic lines. 环境问题并不理会这些地理界限。 来自英汉非文学 - 环境法 - 环境法

4 rival   

n.竞争对手，敌手；vt.与…相匹敌，比得上

参考例句：

• None of us can rival him in strength.我们谁也没他劲大。
• She defeat all her rival for the job with nonchalant ease.她从容不迫地击败求职的所有竞争者。

5 launch   

vt.发动，推出；发射；n.发射，下水，投产

参考例句：

• The makers are about to launch out a new product.制造商们马上要生产一种新产品。
• Would it be wise to launch into this rough sea?在这样汹涌的大海中游泳明智吗？