Walt Disney

The deal includes Fox's 39% stake in satellite broadcaster Sky, and the 20th Century Fox film studio, Disney announced.

Fox's remaining assets, including Fox News and Sports, will form a new company.

The deal ends more than half a century of media expansion by Fox owner Rupert Murdoch, who is 86 years old.

He turned a single Australian newspaper he inherited from his father at the age of 21 into one of the world's largest news and film empires.

On Saturday, the company welcomed the first visitors to the new 34bn yuan ($5.1bn; £3.9bn) park in Hefei which also has hotels and a shopping mall.

The firm plans to build as many as 20 more such parks across China by 2020.

Dalian Wanda has been outspoken about its rivalry with US firm Walt Disney which opened its first theme park in mainland China in June.

In May, Wanda launched its first theme park in Nanchang just weeks before Disney launched its Shanghai park.