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.

Slump in United Kingdom auto sales deepens as industry records 12% fall
Sales of petrol fuelled cars rose 2.7% in October to not far off 88,000, with sales up 2.9% in the first 10 months of the year. There were marked declines across all sectors, with business and fleet demand down -26.8% and -13.0% respectively.

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.

Jameis Winston To Miss "A Couple Of Weeks" With Injured Shoulder
Winston has struggled for the 2-6 Bucs this year, passing for 1,920 yards with 10 touchdowns, six interceptions, and five fumbles. Winston suffered a sprained AC joint in the shoulder of his right throwing arm three weeks ago against the Arizona Cardinals .

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.

Robert Mugabe fires Vice President
Mnangagwa was the most prominent of two vice presidents and had been part of Mugabe's cabinet since independence in 1980. But the pair are thought to have recently fallen out, with Mr Mugabe publicly rebuking him at a rally over the weekend.

Share

Related News