Fans of soccer watching match

Report: Disney Wants to Buy Fox’s Regional Sports Networks

Fans of soccer watching matchAccording to recent reports, Disney and Fox are very close to a deal to sell most of Fox to Disney. Early reports have said that Fox plans to keep their local stations, sports, and news divisions but sell off all the movie and TV assets of 21st Century Fox.

Now a new wrinkle has come up as it is being reported that Disney now wants Fox to also sell their regional sports networks to Disney. According to reports, Disney intends to use these networks to boost ESPN likely rebranding them as ESPN networks.

This could be a significant bump in the road for a deal that is not yet done. FOX has been said to want to keep their sports networks that are valued at $22.4 billion. That would be on top of the rumored $8.7 billion Disney was going to pay for their FX and National Geographic channels. Plus the cost of 21st Century Fox.

Nothing is official, but CNBC is reporting that a deal between Walt Disney Co and Twenty-First Century Fox could come as soon as next week.

It is rumored that this deal will be valued at above $60 billion. Yet if they add in the regional sports networks that could push the price higher. This could make the Disney purchase of Fox one of the most significant deals ever seen in the world of entertainment.

Source: LA Times

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  • RubberBoloney

    Disney Wants to buy the world.

    • rosalyn221

      Hence, Disney World

    • StoJa

      And they will. Or maybe split it 50/50 with Amazon.

  • Jared Cheeseman

    espn grabbing fox rsns wow

    • IBWTF

      Horrible idea! &…Rebranding them as ESPN

  • TexMarque

    The regulators are just gonna love this sports deal.

  • TexMarque

    Silly me, and I thought that Hulu ownership interests would implode.

  • Rocksleeper

    I would enjoy being able to have all these sports channels under one app (WatchESPN). But…it does seem scary that one company is growing this expontially.

  • Chris

    I guess i dont really care as long as i can wacth the blues on foxsports midwest still.

  • JerYnkFan

    Hopefully not the Yes Network

    • Joseph ewing

      The principal (80%) owner of the YES Network is 21st Century Fox, so it is likely it would be included.

  • mr Dave

    I hope they block this deal it will give Disney way too much control and our prices will go up and up!!! But I no faith in the current ‘leadership’ so I doubt they will.