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Report: Disney & Fox Close to a Massive Deal (Could Be Any Day Now)

As media companies struggle to find a way to address a shift in how Americans watch content, it is now reported that Disney and Fox are close to a deal to sell most of Fox to Disney.

This deal will include most, but not all of, Fox properties. According to reports Fox will keep ownership of their news and sports channels including FS1 and FOX News. Fox will also keep ownership of their local Fox affiliates around the United States.

Disney will be buying Twenty-First Century Fox, the TV and movie studio. According to reports this will also give them ownership of the back catalog of Fox shows including “The Simpsons” and “Family Guy.”

Fox is reportedly hoping that sports and news will be more resistant to cord cutting because Americans still largely watch news and sports live.

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. This could make the Disney purchase of Fox one of the largest deals ever seen in the world of entertainment.

Source: Reuters

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9 Responses to Report: Disney & Fox Close to a Massive Deal (Could Be Any Day Now)

  1. Fred Koot December 6, 2017 at 8:59 am #

    Amazing how many articles here how Disney/Espn are struggling. Seems like they are doing ok. Could it be it is Fox who is struggling?

    • Me December 6, 2017 at 9:18 am #

      ESPN is struggling they overpaid for their sport programming and they are locked into these expensive deals for several more years.

  2. Nathan John Ganiere December 6, 2017 at 9:09 am #

    really it’s not FOX they are selling but the 20th Century FOX studio part they own, the movie and tv shows of which all belonging to it…………somewhat misleading saying it’s FOX that’s being sold………

    • Me December 6, 2017 at 9:20 am #

      Actually 21st Century Fox since you’re being technical. The deal may also include the various FX networks and FOX regional sports networks too.

  3. Duelingdragon December 6, 2017 at 9:35 am #

    I wouldn’t be surprised if there are some broadcast rights transferred in this deal. Monday Night Football to Fox, for example. That’s an $8 billion deal remaining that helps Disney to unload some ESPN problems and get something more profitable.

  4. Rocksleeper December 6, 2017 at 12:07 pm #

    As a comic book nerd, I’m wondering if this will help bring mutants and the fantastic four (done right finally) to the Marvel Cinematic Universe.

    • Marc H December 7, 2017 at 1:08 am #

      Of course it will, but you won’t get more movies, they’ll just make xmen movies instead of minor characters like ant man and black panther. If they make more they cannibalize their own proprieties.

      • Rocksleeper December 7, 2017 at 8:45 am #

        But black panther and ant man were not minor characters in the Avengers. They were pretty big in the Avengers. So it made sense to make them in the Avengers.

        And had they had the rights to mutants, they could have done scarlet witch and quick silver correctly, and have a pretty good cross over movie.

  5. Colton December 6, 2017 at 1:33 pm #

    I really hope Disney doesn’t screw with Fox’s shows. Family guy, Simpson’s, bobs burgers, are my Sunday night staple, alone with the Orville on thursdays. I just really hope Disney’s doesn’t screw this up.