Disney held talks to acquire most of 21st Century Fox

Disney Looked at Buying Most of Fox, Talks Now Dead, CNBC Says

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. The negotiations won't necessarily lead to a deal: "The two sides are not now talking at this very moment, but given the on again, off again nature of the talks, they could be revisited", Faber writes.

For Fox, reports of a Disney acquisition discussion come amid the company's pursuit of a majority stake in European pay TV operator Sky. The company is said to believe that a more tightly focused group of properties around news and sports could compete more effectively in the current marketplace. The deals with Fox were signed long before Disney bought Marvel Entertainment in 2009. So maybe this isn't as tailored to what Fox wants to keep as to what Disney could buy without triggering antitrust issues (so, not Fox Sports because of ESPN, and not the Fox broadcast network because of ABC). Walt Disney can't own two broadcast networks, so it wouldn't buy the Fox network. That £11.7bn ($15.41bn) deal has run afoul of regulators' concerns about media plurality in the United Kingdom and the Murdochs' commitment to broadcasting standards.

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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.

"I see lots of synergies for Disney". The additional movie content from 20th Century Fox would make the service a big competitor to something like Netflix. Disney would acquire Fox's movie studio, cable networks like FX, and global holdings including its 39 percent stake in Sky.

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Variety reports Fox's stock price shot up more than 6 percent within 30 minutes of the CNBC report, and Disney shares also grew slightly to just under $100. Disney's shares were up 1.2 pct at $99.86 US.

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