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From full global headquarters, this is Motley Fool Money.

It's the Motley Fool Money Radio Show. I'm Chris Hill joining me in studio this week's Senior Analyst Jason Moser, Emily Flippin and Jim Mueller.

Good to see you folks as always.

Hey, hey, we've got the latest headlines from Wall Street. We will dip into the full mailbag and as always we'll give you an inside look at the stocks on our radar.

But we begin with a big deal, finally closing. This week, Disney finalized the $71 billion deal buying the television and film assets held by 21st Century Fox.

In addition to owning the Simpsons, the X-Men franchise and a whole lot more intellectual property.

Disney also now has the controlling stake in Hulu Gym. I should also point out that the ink was barely dry when the layoffs began.

Disney CEO Bob Eiger sent out a memo trying to set this up in a nice way and then the layoffs began.

But Disney had said before the deal closed that they're looking for about $2 billion in savings.

And the only way an efficient way to do that is to do that by shutting studios and laying off people.

So they got several studios and they got 20th Century Fox which made the Martian and Avatar really big properties.

They got Fox Searchlight which made the shape of water and I think that won an award recently. Is that right?

Oh yeah, that won some award.

And the super movie Super Troopers. And then they also got Fox 2000 which made Devil Wears Prada and Hidden Figures. That awesome movie.

So they decided they're going to keep the first to 20th Century Fox in Searchlight and they're closing off Fox 2000.

They'll finish the production of the movies currently in production and release them and then say goodbye.

Jason, it does seem like Eiger is very much sticking to the plan that we've talked about before that look let's get a lot of intellectual property so that eventually when the Disney streaming service is available they've got even more in the pipeline.

Yeah, I mean, I think you really hit on something there now that they have the content and we've seen the distribution of all of this content really evolve.

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