21st Century Fox considering selling most of company to Disney

21st Century Fox Disney

Disney is in talks to purchase 21st Century Fox, acquiring its slate of original titles and rights to various franchises, according to a CNBC report. The deal would not have included the Fox broadcast network, network-owned affiliate stations, Fox News, or Fox's cable sports channels, which would remain the property of Twenty-First Century Fox. Disney already owns ABC and ESPN, and believes incorporating Fox's sports coverage would encompass a monopoly and make them a target of an anti-trust case.

The deal that was under discussion, as reported by CNBC, would have seen Fox selling its movie studio, television production unit and entertainment networks to Disney.

For Fox, the willingness to engage in sale talks with Disney stems from a growing belief among its senior management that scale in media is of immediate importance and that there is not a path to gain that scale in entertainment through acquisition. Disney already owns ABC, and therefore can not also own another broadcast network, due to FCC regulations. That deal is now undergoing review by United Kingdom regulators. Disney also would pick up Fox's Star and B Sky B worldwide networks.

Kamal Hassan should be 'shot dead': Hindu Mahasabha
Angered by the remarks of Kamal Haasan , Sharma said that people who used such language for Hindus, have no right to live. If taking law into hands and lynching people on slightest doubt of cow slaughter is not terrorizing...

'Food processing to be major growth area'
This is the first time that India is hosting such an event for the food processing sector , As Reported By TOI . Here's how the team World Food India 2017 is preparing to make 800 kilograms of Khichdi in 1000 litre kadhai .

Departing Twitter employee deactivates Trump's account
Twitter has reported that a customer support worker was on his or her last day on the job and deactivated Mr. Trump did not react to the temporary account removal until almost 12 hours later.

Disney is interested in solidifying its Hollywood and television positions and getting the Fox library of content to bolster its arsenal against Netflix and other rivals.

A Disney spokesman did not immediately respond to a request for comment while Fox was not immediately available for comment. It would also mean that every major Marvel Comics property that Fox owns-including X-Men, Fantastic Four, and Deadpool-would potentially come under the Marvel Studios umbrella, opening the door to combine these various characters and universes with the Marvel Cinematic Universe. As part of its streaming service announcement, Disney announced it would be ending its pay-one TV window deal with Netflix beginning with its 2019 film slate. And more resources could perhaps be diverted to sports in a leaner company, allowing Fox to possibly pick up bigger rights packages. Disney's shares were up 1.2 pct at $99.86 US.

Related news:

Hot News

isis-killer-beheading-video-story-top Broadcom offers to buy Qualcomm in $130bn deal
Nov 07, 2017 - 01:35
Broadcom has been trying to get regulatory approval for its purchase of Brocade Communications Systems Inc since 2016. Broadcom and Qualcomm are no strangers to acquisitions, with the pair in talks to complete multibillion-dollar deals.

isis-killer-beheading-video-story-top Australia Declines Aid from New Zealand in Refugee Crisis
Nov 06, 2017 - 02:47
Food, medicine, power and water have been cut from the former detention center. Protesters say Manus Island is Australia's Guantanamo Bay.

isis-killer-beheading-video-story-top Jared Goff throws 4 touchdown passes in Rams' blowout win over Giants
Nov 06, 2017 - 02:34
And yet, a screen pass from Jared Goff turned L.A. wideout Robert Woods into a hot knife, and the Giants' defense just melted. The Giants managed a fourth-quarter touchdown on a 10-yard pass from Manning to tight end Evan Engram to make it 48-17.

isis-killer-beheading-video-story-top Carter Page testifies he told Sessions about Russian Federation trip
Nov 06, 2017 - 02:33
Sessions made similar denials in two subsequent hearings before Congress on Russian Federation since taking office. President Donald Trump's former campaign national co-chair Sam Clovis has ixnayed his own nomination to the U.S.

isis-killer-beheading-video-story-top BlizzCon 2017: What Should We Expect From Hearthstone's Kobalds & Catacombs Expansion?
Nov 06, 2017 - 02:25
There's a new keyword: "recruit" which will see cards with the keyword pulling minions from your deck and dropping them into play. Kobolds and Catacombs introduces legendary weapons for every class, including those who have never recieved weapons in the past.

isis-killer-beheading-video-story-top Gunman kills at least 25 at Texas church
Nov 06, 2017 - 02:09
The official was not authorized to discuss the ongoing investigation and spoke to The Associated Press on condition of anonymity. The Wilson County sheriff, where the church is located, has not confirmed the name as journalists await a news conference.

isis-killer-beheading-video-story-top Lebanese Prime Minister Saad Hariri resigns
Nov 05, 2017 - 02:48
Hariri's coalition, which took office past year , grouped almost all of Lebanon's main parties, including Hezbollah. Lebanese PM resigned in a televised address blaming Iranian interference and alluded to fears of an assassination .

isis-killer-beheading-video-story-top Both Bush presidents worry Trump is blowing up the GOP
Nov 05, 2017 - 02:44
Rather than being motivated by public service, Bush said, Trump seemed to be driven by "a certain ego". The book, titled " The Last Republicans ", will be published on November 14 by HarperCollins.

isis-killer-beheading-video-story-top Colin Kaepernick collusion case centers around ten teams
Nov 05, 2017 - 02:43
This caused a stir among the players that saw most teams that weekend protest in some fashion during the Anthem. Kaepernick has yet to be picked up by another team since opting out of his contract with the 49ers in March.

isis-killer-beheading-video-story-top Fall Back For The End Of Daylight Saving Time!
Nov 05, 2017 - 02:27
The original idea for Daylight Saving Time is often credited to Benjamin Franklin - but that may have just been a joke . When the leaves start changing and the air gets chilly, Daylight Saving Time is almost at an end.

isis-killer-beheading-video-story-top Carter Page met with Russian official during 2016 trip to Moscow
Nov 05, 2017 - 02:23
Jonathan Turley, a professor at George Washington University law school, said he views a perjury case against Sessions as weak. Trump denies any collusion with Russian Federation and Moscow denies interfering in the 2016 election.

isis-killer-beheading-video-story-top Taylor Swift makes fun of herself with new Reputation merch
Nov 04, 2017 - 01:24
The response to the first three singles has been fairly, ahem, mixed so far. The full album will arrive on November 10.

isis-killer-beheading-video-story-top Thomas jobless rate jumps to 6.3% in October
Nov 04, 2017 - 01:21
The consensus call among traders was for a 15,000-job advance, according to economists at Royal Bank of Canada. Offsetting those gains, the wholesale and retail trade sector lost 35,900 positions.

isis-killer-beheading-video-story-top BJP to seek delay in Padmavati release
Nov 04, 2017 - 01:13
The Gujarat BJP spokesperson said the party had received several representations from the Kshatriya community about "distortion of historical facts" in the film.

isis-killer-beheading-video-story-top Ex-TMC heavyweight Mukul Roy joins BJP, calls it secular party
Nov 04, 2017 - 01:12
It remains to be seen whether Roy can bring about some changes that will help BJP emerge stronger in West Bengal. Former Trinamool Congress leader Mukul Roy on Friday joined the Bharatiya Janata Party (BJP) in New Delhi .