Analyst Likes Possible Deal Between Disney and Fox

Dianna Christensen
November 7, 2017

Fox's claim to the X-Men has kept a number of key stories from Marvel's comics involving mutants off the table for Marvel Studios in the past, but this deal could lay the groundwork for something like an Avengers vs.

Rupert Murdoch-controlled Twenty-First Century Fox has held talks to sell most of the company to Walt Disney Co, CNBC reported on Monday, citing unnamed people familiar with the matter.

The two sides are not now talking at this moment, but given the on again, off again nature of the talks, they could be revisited. But apparently there's been an on again/off again relationship with these negotiations, so they could resume at any minute.

Fox declined to comment on the reports.

Amid that trend, Fox is open to such a deal with Disney amid senior management's growing sentiment that scale is of "immediate importance", said CNBC. The Murdochs would retain its sports and news properties, as well as its more than 100 local broadcasting affiliates. Adding Fox to that would give them a truly compelling library for their new streaming service.

Executives reportedly believe that Fox could compete more effectively if it consisted of "a more tightly focused group of properties around news and sports".

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Senior executives at Fox are said to believe that their entertainment assets may struggle to compete in a world in which tech and media companies are merging, combining content and distribution with a scale that 21st Century Fox alone can not match.

Of course, if Fox and Disney come to an agreement, both sides must get something out of it.

In addition to the movie studio, TV production and worldwide assets such as Star and BSkyB, Disney would take the entertainment network FX and National Geographic, the report added. It would also prevent concerns about anti-trust practices, as Disney also owns ESPN and ABC News, which could be seen as direct competitors to Fox Sports and Fox News.

It's unclear how a deal with Disney would affect productions.

Meanwhile, Disney would get control of major entertainment brands - 20th Century Fox Studios, Fox Television, FX and National Geographic, as well as worldwide brands like Star and Sky - as it gears up to launch a Netflix-style streaming service next year.

Other reports by GlobalViralNews

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