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Has Disney been in talks to buy Fox?

07 November 2017

Both 21st Century Fox and Walt Disney Company are scheduled to report quarterly results this week.

It's said talks have been going on for the past few weeks; however, it is reported the two sides are not now talking at this very moment.

Fox declined to comment on the reports. It would be barred from buying the Fox broadcasting network and was not in talks to buy local affiliates, Fox News or Fox Business Channel.

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According to CNBC, who cited unnamed sources, Disney would acquire most of 21st Century Fox, and what would be left of Fox would be "tightly focused on news and sports". Disney, which under USA rules could not own two broadcast networks, would not purchase all of Fox, CNBC reported, citing the same sources.

We'll be sure to keep you posted on this deal.

At the very least, buying Fox's production studios would give Disney much more programming to include in its Netflix-style online streaming service that it is planning to offer in late 2019 or 2020. That deal is now undergoing review by United Kingdom regulators.

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Marvel icon Stan Lee expressed interest in seeing these characters fall under the MCU banner earlier this year and fans quickly became starry-eyed at the idea. And more resources could perhaps be diverted to sports in a leaner company, allowing Fox to possibly pick up bigger rights packages. Disney will be able to get the rest including movie and TV properties. It's also a little frightening, as Disney-Fox would essentially create one Mega Hollywood studio conglomerate, which could make the modern movie going experience even more homogeneous than it already is.

It'd definitely be interesting.

Shares of Fox jumped 7.5% to 26.85 in afternoon trading in the stock market today. James Cameron is now at the helm of filming four back-to-back Avatar sequels to the most successful movie of all-time, and already worked closely with Disney on the new attraction Pandora - The World of Avatar at Orlando's Disney World.

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Has Disney been in talks to buy Fox?