Disney is buying 21st Century Fox assets for just over $52 Billion dollars in stock. Axios Media Reporter Sara Fischer breaks down what this deal means for the future of media consolidation. Fischer says Disney has been trying to figure out how it can scale to compete against Netflix in the streaming service space. This deal will give Disney ownership of Fox's 30 percent stake in Hulu. It is worth noting this deal isn't quite complete, as it still awaits regulatory approval from the Department from Justice. Recently, the DOJ sued to block the merger between AT&T and Time Warner. Fischer says Disney and Fox executive say this deal doesn't pose the same type of anti-competition problems as AT&T and Time Warner because they don't have a broadband service that reaches consumers directly. But Disney's pending stake in Hulu could give the mouse house favorable content access.

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Small grocers and convenience stores feel an impact as customers go without SNAP benefits
Some small grocery stores and neighborhood convenience stores are eager for the U.S. government shutdown to end and for their customers to start receiving federal food aid again. Late last month, the Trump administration froze funding for the SNAP benefits that about 42 million Americans use to buy groceries. The U.S. Department of Agriculture says about 74% of the assistance was spent last year at superstores like Walmart and supermarkets like Kroger. Around 14% went to smaller stores that are more accessible to SNAP beneficiaries. A former director of the United Nations World Food Program says SNAP is not only a social safety net for families but a local economic engine that supports neighborhood businesses.
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