I probably should have created a new thread, but there are plenty of Sky/Streaming interested people here
In short Disney buying most or all of Fox, to compete with Netflix undercutting the pay media industry. Disney will have Hulu, and while they want to retain the traditional subscription model which NF undercuts, they will be offering SVOD for ESPN and lots of other stuff. Pulling their content from Netflix also. As this sale brings together two of the big Hollywood players, you could expect Hulu to hold more content than NF. They also will have European Sky amongst many other bits and pieces.
It seems the race to the bottom is over